Tax Law, Environmental Law, Commercial Real Estate

Overriding Interest - Spring 2013

by Steven D. Cox, Bonny Hedderly, Rupeena Purewal | K&L Gates LLP on 4/24/2013

In this issue: - The Green Deal - Impact on Commercial Real Estate - High Value Residential Property Tax - Announcements and Events - Transaction Profile - Focus on Henderson Global Investors...more

Earth Matters - April 2013: Making Solar Power More Affordable for New Yorkers

by Donald Ross | Phillips Lytle LLP on 4/22/2013

New York State continues to be a national leader in renewable energy initiatives, particularly in encouraging practical, everyday applications of solar power. Recently, Governor Andrew Cuomo, as part of his ongoing “NY-Sun”...more

“Fiscal Cliff” Bill Reinstates and Extends Business and Personal Tax Credits for Energy Efficient Residential Properties

by Howard Grossman, Shari Shapiro | Cozen O'Connor on 1/7/2013

On January 1, 2013, the U.S. Congress passed last minute legislation known as the American Taxpayer Relief Act of 2012 to avoid automatic increases in income taxes for millions of Americans, as well as draconian cuts to the...more

IRS Revokes Ruling Finding Facility-Specific Power Purchase Agreements Are Part of the Facility

by Alan J. Tarr | Loeb & Loeb LLP on 12/31/2012

The Internal Revenue Service (IRS) recently revoked Private Letter Ruling (PLR) 201214007, which found that facility-specific power purchase agreements (PPAs) are considered part of the underlying wind energy facilities and,...more

Georgia Department of Revenue Proposes Conservation Tax Credit Rule Changes

by Scott Hitch | Burr & Forman on 12/3/2012

The Georgia Department of Revenue Income is proposing a change to the Tax Division Rule on conservation tax credits. Interested parties seeking to comment on the proposed Rule should review the notice for further guidance....more

Depreciation Methodology For Wind Turbines Challenged

by Bruce Goodman | Varnum LLP on 11/23/2012

In late 2012 the Michigan State Tax Commission changed the rate at which wind turbine assets would be depreciated for property tax assessment purposes. Now five counties (Huron, Sanilac, Gratiot, Mason, Tuscola) are working...more

Incentives for Real Estate Developers (Presentation)

by Nexsen Pruet, PLLC on 10/16/2012

In This Presenation: - Brownfields Voluntary Cleanup Incentives - GENERAL The General Assembly has provided two tax incentives to promote cleanup of brownfield sites: an income tax credit as well as a property...more

New Jersey Property Tax Refunds May Be Held To Cover Environmental Remediation

by Cole Schotz on 9/20/2012

In July of this year, the New Jersey Legislature modified the law addressing tax refunds by requiring a New Jersey property tax refund for certain industrial sites to be deposited with the New Jersey Department of...more

New Jersey affirms commitment to developing renewable energy resources with new legislation

by Saul Ewing LLP on 7/24/2012

On July 23, 2012, New Jersey Gov. Chris Christie signed into law a bill that is intended to both stabilize and reinvigorate the state's green energy market and support development for renewable sources of energy. In addition,...more

UK Land Remediation Relief - Spared the Axe

by K&L Gates LLP on 2/7/2012

Following consultation, the UK Government has decided not to abolish land remediation relief (LRR) after all. This comes after a strong reaction from developers, who argued that it would render many brownfield...more

CERLA - Pollution (Environmental Contamination) and its Effect on Your New York Property Taxes - by Richard Fromewick

by Meyer, Suozzi, English & Klein, P.C. on 6/7/2011

ENVIRONMENTAL CONTAMINATION - POLLUTION & ITS EFFECT ON YOUR PROPERTY TAXES June 7, 2011 Publication Source: The Hunt Quarterly Review Written By: Richard G. Fromewick, Tax Certiorari & Condemnation Law Practice Chair....more

Ukrainian Oil and Gas Sector in 2011

by Vitaliy Radchenko on 1/20/2011

2011 has served as a transition period for the Ukrainian oil and gas industry even if there are no particular accomplishments or dramatic changes to speak of. This transition period should pave the way for important and...more

Environmental Impacts in Real Estate Valuation Litigation

by Anthony DellaPelle on 3/23/2009

This article from the New Jersey Law Journal summarizes the procedures utilized in valuing properties with environmental conditions in eminent domain and real estate tax appeal matters in New Jersey...more