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Energy Sector Interim Rule

Foley & Lardner LLP

IRS Issues Proposed Rules on Income Inclusion under Section 50(d)(5)

Foley & Lardner LLP on

The IRS just published long-awaited temporary regulations under section 1.50-1T governing the section 50(d)(5) income inclusion rules. These rules apply to lessees of investment credit property when the lessor elects to treat...more

Akin Gump Strauss Hauer & Feld LLP

FERC Increases Civil Monetary Penalties up to 150 Percent

On June 29, 2016, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued an Interim Final Rule amending its regulations governing the maximum civil monetary penalties assessable for violations of statutes,...more

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