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Renewable Energy Business Tax Credits

A&O Shearman

Inflation Reduction Act: New Guidance on Tax Credit Transfers

A&O Shearman on

On June 14, 2023, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (IRS) released highly anticipated guidance relating to new Internal Revenue Code (“Code”) Section 6418, which was added as part of...more

Robinson & Cole LLP

Green Tax Incentive Compendium - January 2016

Robinson & Cole LLP on

GENERAL DESCRIPTION. The Federal Internal Revenue Code provides a business income tax credit in the amount of $0.023 (2015) per kilowatt hour of electricity produced from qualifying renewable resources during a ten-year...more

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