President Obama’s recently released budget proposal for the 2014 fiscal year contains energy-related tax provisions that include a permanent extension of the renewable energy production tax credit (PTC) and a provision making it refundable. Making the PTC permanent and refundable signals strong support for renewable energy.
The Obama administration’s budget proposal (Proposal) affects several energy-related tax provisions, some of which were also proposed in the 2013 revenue proposal...
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Topics: Derivatives, Energy Tax Incentives, Federal Budget, Investment Tax Credits, New Market Tax Credits, Production Tax Credit, Tax Credits
Published In: Elections & Politics Updates, Energy & Utilities Updates, Environmental Updates, Tax Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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