The Big Picture -
Congressional Overview -
American voters delivered a decidedly mixed message to Washington on Tuesday, seemingly handing Republicans narrow control of the U.S. House of Representatives and a nominal check...more
11/14/2022
/ Affordable Care Act ,
American Rescue Plan Act of 2021 ,
Biden Administration ,
Carbon Capture and Sequestration ,
Clean Energy ,
Climate Change ,
Department of Energy (DOE) ,
Electric Vehicles ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Healthcare ,
Inflation Reduction Act (IRA) ,
Infrastructure Investment and Jobs Act (IIJA) ,
Lame Duck Session ,
NDAA ,
Offshore Wind ,
Oil & Gas ,
PFAS ,
Policies and Procedures ,
Popular ,
Regulatory Agenda ,
Roe v Wade ,
Russia ,
Supply Chain ,
Tax Cuts and Jobs Act
On November 15, President Biden signed into law the $1 trillion Infrastructure Investment and Jobs Act (the “IIJA” or the “Act”) which cleared the House of Representatives in early November after months of delay. The new law...more
After months of stalled negotiations, Congress has passed sweeping new COVID-19 relief legislation that, among other things, revitalizes and revises the Paycheck Protection Program. The new legislation reopens the program to...more
FIRST 100 DAYS -
As President-elect Biden stands poised to assume the office he has aspired to for the past three decades, he inherits a national crisis not unlike the one he stepped into as vice president nearly 12 years...more
11/17/2020
/ Air Quality Standards ,
Biden Administration ,
China ,
Clean Power Plan ,
Clean Water Act ,
Congressional Review Act ,
Consumer Product Safety Commission (CPSC) ,
Continuing Resolution ,
Coronavirus/COVID-19 ,
Cross-State Air Pollution ,
Economic Stimulus ,
Electric Vehicles ,
Energy Sector ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
EU ,
Federal Budget ,
Fracking ,
Immigration Reform ,
Internal Revenue Code (IRC) ,
NATO ,
NEPA ,
Oil & Gas ,
Paris Agreement ,
Popular ,
Renewable Energy ,
Tariffs ,
Tax Cuts and Jobs Act ,
Trade Policy ,
United States-Mexico-Canada Agreement (USMCA) ,
Voting Rights Act ,
World Health Organization
As Congress scrambles to craft the next phase of COVID-19 stimulus and relief legislation, both sides of the aisle appear to be in agreement on expanding the Paycheck Protection Program (PPP) to include more funds for small...more
The Small Business Administration has clarified through newly-issued guidance that employees of foreign affiliates must be counted when determining the size of a business for eligibility under the Paycheck Protection Program....more
5/7/2020
/ Borrowers ,
CARES Act ,
Interim Final Rules (IFR) ,
IRS ,
Loan Forgiveness ,
Non-Profit Hospitals ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Safe Harbors ,
SBA ,
Small Business
The COVID-19 pandemic is raising numerous concerns for renewable energy projects under development in the United States.
First, will Congress address renewable energy industry concerns in the coming round of the COVID-19...more
4/7/2020
/ Banks ,
Borrowers ,
Compliance ,
Contract Terms ,
Coronavirus/COVID-19 ,
Energy Projects ,
Energy Sector ,
Investment Funds ,
Project Finance ,
Project Modification ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Stakeholder Engagement ,
Supply Chain ,
Tax Credits ,
Wind Power
House Democrats today released their long-awaited package of clean energy tax incentives, the Growing Renewable Energy and Efficiency Now (GREEN) Act. In a release accompanying the legislative text and section-by-section...more
11/20/2019
/ Biodiesel ,
Climate Change ,
Congressional Committees ,
Electric Vehicles ,
Energy Efficiency ,
Energy Storage ,
Energy Tax Incentives ,
Environmental Justice ,
Green Energy ,
Greenhouse Gas Emissions ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
Proposed Legislation ,
Renewable Energy ,
Wind Power
2018 MIDTERMS: The Power of Women, Possibility, and Partisan Rancor -
The 2018 midterm elections showcased the power of women, both as candidates and as a key voting demographic. The elections represented a new political...more
11/9/2018
/ Affordable Care Act ,
Attorney General ,
Climate Change ,
Department of Energy (DOE) ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
FERC ,
Financial Services Industry ,
Infrastructure ,
Legislative Agendas ,
Oil & Gas ,
Political Appointments ,
Political Candidates ,
Popular ,
Power Grid ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Reform ,
Renewable Energy ,
State and Local Government ,
State Elections ,
Tax Cuts and Jobs Act ,
Trump Administration ,
Ways and Means Committee
The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act, with emphasis on how such developments impact the energy, technology...more
10/18/2018
/ Business Taxes ,
Construction Industry ,
Energy Projects ,
Interim Rule ,
Investment Tax Credits ,
Investors ,
IRS ,
NAICS ,
Partnerships ,
Physical Work Test ,
Proposed Regulation ,
Protecting Americans from Tax Hikes (PATH) Act ,
Tax Cuts and Jobs Act ,
Tax Exempt Entities ,
Tax Exemptions ,
Tax Reform ,
UBTI
The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act, with emphasis on how such developments impact the energy, technology...more
9/20/2018
/ Anti-Avoidance ,
Corporate Taxes ,
Income Taxes ,
IRS ,
Legislative Agendas ,
Partnerships ,
Pass-Through Entities ,
Proposed Regulation ,
Publicly-Traded Companies ,
REIT ,
SALT ,
Section 199 ,
Tax Cuts and Jobs Act ,
W-2
The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act (TCJA), with emphasis on how such developments impact the energy,...more
4/6/2018
/ Base Erosion Tax ,
C-Corporation ,
Corporate Taxes ,
Entertainment Industry ,
Foreign Affiliates ,
GILTI tax ,
Income Taxes ,
Limited Liability Partnerships ,
New Rules ,
Partnerships ,
Push-Out Requirements ,
Renewable Energy ,
Tax Audits ,
Tax Deductions ,
Tax Liability
The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act (TCJA), with emphasis on how such developments impact the energy,...more
3/16/2018
/ Base Erosion Tax ,
C-Corporation ,
Capital Gains ,
Corporate Taxes ,
Energy Sector ,
GILTI tax ,
Holding Periods ,
International Tax Issues ,
Pass-Through Entities ,
S-Corporation ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates
The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act (TCJA), with emphasis on how such developments impact the energy,...more
3/1/2018
/ Audits ,
Corporate Taxes ,
Energy Projects ,
Energy Sector ,
FIRPTA ,
Foreign Investment ,
Foreign Partner ,
Income Taxes ,
Internal Revenue Code (IRC) ,
International Tax Issues ,
IRS ,
New Rules ,
Partnership Agreements ,
Partnerships ,
Renewable Energy ,
S-Corporation ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Rates ,
TEFRA ,
Underpayment
The Tax Cuts and Jobs Act (TCJA) effected sweeping reform across the Internal Revenue Code. This report, and future installments, will discuss this legislation and other important tax guidance, including how such authorities...more
2/16/2018
/ Base Erosion Tax ,
Corporate Taxes ,
Energy Sector ,
Holding Periods ,
International Tax Issues ,
IRS ,
Partnerships ,
REIT ,
Renewable Energy ,
S-Corporation ,
Tax Cuts and Jobs Act ,
Tax Rates ,
Tax Reform
The President has announced more details regarding the new national infrastructure initiative that he referenced during his State of the Union address. The details suggest the Administration is taking a new approach to...more