Investment Tax Credits

Energy And Environment Update -- May 13, 2013

by Jordan Collins, David Leiter, Neal Martin, Bryan M. Stockton | Mintz Levin - Environmental Law on 5/15/2013

In This Issue: Energy & Climate Debate; Congress; Administration; Department of Energy; Environmental Protection Agency; Department of Interior; Federal Energy Regulatory Commission; Department of Commerce; Department...more

MoFo New York Tax Insights - Volume 4, Issue 5 - May 2013

by Open Weaver Banks, Hollis L. Hyans, Kara M. Kraman, Irwin M. Slomka | Morrison & Foerster - State + Local Tax... on 5/14/2013

In This Issue: New York Enacts Significant Changes to Related Member Royalty Add-Back Law; Nuclear Power Plant That Produces Steam and Water to Generate Electricity Not Eligible for Investment Tax Credit; Appellate...more

Energy Law Alert May 2013 - Clean Energy Takes Center Stage in Obama’s 2013-2014 Proposed Budget

by Michael Faltischek, Stanley Klimberg | Ruskin Moscou Faltischek on 5/8/2013

A glimpse at President Obama’s recently released 2013-2014 federal budget proposal reveals major steps in funding for energy projects. A sizeable $28.4 billion allocation has been set aside for The Department of Energy...more

Master Limited Partnership Parity Act, Nuclear Waste, and the Investment Tax Credit– ML Strategies Weekly Energy and Environmental...

by Mintz Levin - Energy & Clean Technology on 5/6/2013

This week’s Energy & Environment Update recaps the very busy past week for energy and environmental issues both on and off Capitol Hill. Senator Coons introduced the Master Limited Partnership Parity Act on Wednesday. ...more

Energy And Environment Update -- April 29, 2013

by Jordan Collins, David Leiter, Neal Martin, Bryan M. Stockton | Mintz Levin - Environmental Law on 5/1/2013

In This Issue: Energy & Climate Debate; Congress; Administration; Department of Energy; Environmental Protection Agency; Department of Interior; Department of Treasury; Department of Agriculture; State Department;...more

IRS Construction Deadline Guidance Highlights Disparate Treatment of Renewable Energy Technologies

by Charles Henck, Darin Lowder | Ballard Spahr LLP on 5/1/2013

The IRS recently released guidance in the form of an IRS Notice implementing a rule change under the American Taxpayer Relief Act of 2012 concerning the construction deadline that renewable energy facilities must meet to...more

IRS Releases Guidance on Beginning Construction for Production Tax Credit and Investment Tax Credit

by Alan J. Tarr | Loeb & Loeb LLP on 4/30/2013

A qualified facility is eligible to receive a renewable electricity production tax credit (PTC) or energy investment tax credit in lieu of the PTC if construction of the facility begins before January 1, 2014. Qualified...more

Legal Alert: IRS Clarifies "Binding Written Contract" Definition in Renewable Energy Tax Credit Begun Construction Guidance

by David Cho, Dorothy Black Franzoni, Jonathan Goldman, Amish Shah, Ram Sunkara, Thomas Warren | Sutherland Asbill & Brennan LLP on 4/29/2013

On April 25, 2013, the Internal Revenue Service updated guidance issued on April 15, 2013, that explained how to satisfy the new “begun construction” requirement for the renewable energy section 45 production tax credit (PTC)...more

IRS Issues “Begin Construction” Guidance for Renewable Energy Tax Credits

by Jordan Collins, Bryan M. Stockton, Sahir Surmeli | Mintz Levin - Energy & Clean Technology on 4/23/2013

On April 15, 2013, the Internal Revenue Service (IRS) issued long-awaited guidance updating eligibility requirements for renewable project developers seeking to utilize the 2.3 cent/kWh Renewable Electricity Production Tax...more

IRS Issues Notice to Determine When Construction Begins for Purposes of Production Tax Credit, Investment Tax Credit

by Gale Chan, Madeline Chiampou, Brian Levy, Martha Groves Pugh, Philip Tingle | McDermott Will & Emery on 4/23/2013

The Internal Revenue Service (IRS) has issued important guidance to determine when construction begins with respect to a qualified facility for purposes of the production tax credit and the investment tax credit for certain...more

Key Energy-Related Tax Provisions in the 2014 Budget Proposal

by Gale Chan, Madeline Chiampou, Brian Levy, Martha Groves Pugh, Philip Tingle | McDermott Will & Emery on 4/23/2013

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...more

IRS Releases “Start Construction” Guidance for Renewable Energy Facilities

by Douglas Davidson, Paul Gordon, Kenneth Kulak, Gabriel Quihuis, Richard Shortz, Wayne Song | Morgan Lewis on 4/19/2013

Long-awaited guidance regarding eligibility for production or investment tax credits largely tracks guidance under the Section 1603 cash grant program....more

IRS Guidance on “Beginning of Construction” for ATRA 2012 Tax Credit Extensions

by Pamela Charles | Davis Wright Tremaine LLP on 4/19/2013

The IRS has issued guidance (Notice 2013-29) on satisfying the new “beginning of construction” requirement for the renewable energy production tax credit under Code Section 45 (PTC) and energy investment tax credit under Code...more

IRS Issues Notice on "Beginning of Construction" Requirement for PTC and ITC Purposes

by Wilson Sonsini Goodrich & Rosati on 4/19/2013

On April 15, 2013, the IRS released Notice 2013-29, which addresses the requirement that construction of a qualified facility must begin before January 1, 2014, in order to be eligible for the renewable electricity production...more

IRS Releases New Guidance on Beginning of Construction

by Ellen Bastier, J. Ferd Convery , III, Arnold Grant | Reed Smith on 4/18/2013

Prior to the enactment of the American Taxpayer Relief Act of 2012 (the "Act"), the production tax credit (the "PTC") had been scheduled to expire for wind projects that were not placed in service before January 1, 2013, and...more

Energy Alert: IRS Identifies Two "Begun Construction" Standards To Qualify For Two Tax Credit Opportunities

by Allison Woodbury Leppert | Leonard, Street and Deinard on 4/18/2013

The renewable electricity production tax credit and the energy investment tax credit currently offer taxpayers a tax credit for energy produced from qualified facilities. For the PTC, the tax credit covers a ten-year period....more

Have You "Begun Construction"? IRS Issues Guidance for Renewable Energy Tax Credits

by David Cho, Dorothy Black Franzoni, Jonathan Goldman, Amish Shah, Ram Sunkara, William Warren | Sutherland Asbill & Brennan LLP on 4/17/2013

On April 15, 2013, the Internal Revenue Service ( IRS) issued much - anticipated guidance that will help developers of wind, solar, biomass and certain other renewable energy facilities qualify for federal renewable energy...more

"IRS Guidance on the Commencement of Construction Requirements for Tax Credits for Qualified Energy Facilities"

by Armando Gomez, Paul Schockett, Sean Shimamoto | Skadden, Arps, Slate, Meagher & Flom LLP on 4/17/2013

On April 15, 2013, the Internal Revenue Service released Notice 2013-29 (Notice), which established guidelines and a safe harbor to determine when construction has begun on a “qualified facility” for purposes of the renewable...more

Estate, Gift, and GST Taxes in 2013: American Taxpayer Relief Act of 2012 and Other News (Oregon)

by Michele Buck-Romero, Patrick Green, Amelia Heath | Davis Wright Tremaine LLP on 3/1/2013

The American Taxpayer Relief Act of 2012 (the “Act”) was signed into law on Jan. 2, 2013, avoiding dramatic changes to tax exemptions and tax rates on transfers subject to federal estate, gift, and generation-skipping...more

Business News Digest – February 2013

In this issue: - What You Need to Know About the Proposed Maryland Investment Tax Credit for Cybersecurity - Trade Secret Legislation May Increase Infringement Claims and Lead to a Private Right of Action -...more

Tax Credits for Alternative Energy Manufacturing Facilities Just Announced

by Michael Hirschfeld | Dechert LLP on 2/15/2013

In order to foster investment and job creation in clean energy manufacturing, the American Recovery and Reinvestment Act of 2009 included a tax credit for investments in manufacturing facilities for clean energy technologies....more

What You Need to Know About the Proposed Maryland Investment Tax Credit for Cybersecurity

by Michael Baader, Andrew Bigart, Marta Harting, Dismas Locaria, Anthony Rosso, John Stierhoff | Venable LLP on 2/4/2013

On January 16, 2013, Maryland Governor Martin O’Malley proposed a budget for FY2014 that includes several provisions aimed at boosting the state’s already robust cybersecurity industry, including a new $3 million tax credit...more

After the Love is Gone – Tax Planning Considerations for Private Equity and Venture Capital Fund Managers in a Post-Carried...

by Gerald Nowotny on 1/28/2013

Overview - The issue of carried interest taxation as obscure an issue as it is, has gotten all kinds of attention in the media over the last several years. Most recently, the issue garnered national attention during...more

Energy-Related Tax Provisions of the American Taxpayer Relief Act of 2012

by Wolfram Pohl, Greg Riddle | Orrick, Herrington & Sutcliffe LLP on 1/11/2013

On January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 (the “Act”). President Obama signed the Act into law on January 2, 2013. The Act contains multiple business tax provisions. The following is a...more

Energy & Clean Tech Connections: Your Law Firm Link to Industry News -- January 2013

by Brady Berg, Evan M. Bienstock, Travis L. Blais, Thomas R. Burton, Jonathan Cain, Ralph A. Child, Tania Rodrigues Cleary, Jordan Collins, Hannah Coman, Julian Crump, Daniel I. DeWolf, more +Rajdeep S. Dhaliwal, Paul H. Dickerson, Meryl J. Epstein, Gregory S. Fine, Susan Foster, Paula J. Valencia- Galbraith, Jeremy D. Glaser, Irwin M. Heller, Brian P. Hopkins, Jonathan L. Kravetz, Carl A. Kukkonen III, Cynthia Larose, David Leiter, Audrey C. Louison, Jeffrey J. McCourt, Jeffrey A. Moerdler, David L. O'Connor, Jeffrey R. Porter, Mark J. Riedy, Charles A. Samuels, Paul J. Scapicchio, Gabriel Schnitzler, Donald W. Schroeder, Amarynth Sichel, Jennifer Sacco Smith, Bryan M. Stockton, Sahir Surmeli, Stanley A. Twarog, Michael D. Van Loy, Ph.D., Maureen J. Walsh, Katy E. Ward, William Weld | Mintz Levin - Energy & Clean Technology on 1/9/2013

In the January edition of Energy & Clean Tech Connections, we’ve gathered recent information from a wide variety of sources in an effort to keep you abreast of what’s new in the world of clean energy. We draw your attention...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters