News & Analysis as of

Charging Stations Internal Revenue Service

Cadwalader, Wickersham & Taft LLP

Could a Recent Private Letter Ruling Power Up REIT Investments in Storage Facilities?

On July 25, the IRS released Private Letter Ruling 202530005 (the “Ruling”), which addressed storage fees and amenities fees from storage facilities for purposes of the REIT gross income tests. The Ruling allows REITs greater...more

Holland & Knight LLP

Treasury Department, IRS Release Section 30C Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on Sept. 19, 2024, released proposed regulations under Section 30C of the Internal Revenue Code providing important clarity on the changes made by the Inflation Reduction Act (IRA)....more

Vinson & Elkins LLP

Charging Forward: Proposed Regulations Issued for EV Charging & Alternative Fuel Refueling Property

Vinson & Elkins LLP on

On September 18, 2024, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) (1) issued proposed regulations (the “Proposed Regulations”) providing guidance to taxpayers on the Alternative...more

Vinson & Elkins LLP

IRS Rules that Income Attributable to Electric Vehicle Charging Stations is Qualifying Income for REITs

Vinson & Elkins LLP on

As the electric vehicle (“EV”) market gains traction, real estate investment trusts (“REITs”) appear to be stepping in to alleviate a common concern of current and potential EV drivers: Where will I charge? With the demand...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update - January 2024

Climate Corps Listening Sessions - The White House has announced a series of virtual listening sessions for the newly launched American Climate Corps to be held in January and February 2024. With a goal of recruiting...more

Pillsbury Winthrop Shaw Pittman LLP

IRS Provides Highly Anticipated Wage and Apprentice Guidance for Applicable Tax Credits under the Inflation Reduction Act

Publication of Notice 2022-61 starts the 60-day clock until projects that initially commence construction must comply with the new requirements. On November 30, 2022, the Internal Revenue Service (IRS) published Notice...more

Mintz - Energy & Sustainability Viewpoints

Public Comments Requested on Additional Aspects of the IRA Clean Energy Tax Incentives, including Clean Hydrogen Production,...

On November 3, 2022, the U.S. Department of Treasury (Treasury) and Internal Revenue Service (IRS) released three Notices requesting public comments by December 3, 2022, on certain additional aspects of the clean energy tax...more

Allen Matkins

Renewable Energy Update - June 2018 #4

Allen Matkins on

Focus - IRS issues favorable tax credit guidance for new solar projects - GREENTECH MEDIA - Jun 22 The Internal Revenue Service (IRS) released a new guidance Friday that establishes when the construction of a solar...more

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