Low-Income Community Bonus Credit – Final Regulations
The community solar and rooftop solar industries were starting to lose hope of claiming the economic justice bonus credits on 2023 projects.
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The community solar and rooftop solar industries were starting to lose hope of claiming the economic justice bonus credits on 2023 projects.
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On July 17, 2023, the Organization for Economic Cooperation and Development (the “OECD”) released favorable guidance on transferable tax credits under Pillar Two.
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The Inflation Reduction Act’s enhancements to carbon capture and sequestration tax credit and new tax credits for biogas investment and clean hydrogen production is creating novel opportunities for developers.
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Among the Inflation Reduction Act’s package of credits and incentives for renewable fuel production is a new set of tax credits for sustainable aviation fuel (“SAF”).
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Calculation Conventions Result in Higher PTC Rate for Old Projects than New Projects After 2023 Inflation Adjustment
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A US Court of Federal Claims decision on June 20 that suggested the purchase price paid for a power project should be allocated partly to any tax credits or other government subsidies for which it qualifies
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As sponsors and investors begin to plan projects and investments to take advantage of the Inflation Reduction Act’s ("IRA”) low-income community bonus tax credits (the “LIC Bonus Credit”)
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The US Treasury issued proposed regulations addressing the rules for the transfer (sale) of energy tax credits under section 6418 as added by the Inflation Reduction Act of 2022.
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One of the many aims of the Inflation Reduction Act of 2022 (IRA) is to bring reliable and affordable renewable energy sources to rural America. The U.S. Department of Agriculture (USDA) recently announced its
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A colleague, who is not a tax lawyer, asked for a cheat sheet with key facts about the production tax credit (PTC) and the investment tax credit (ITC) after the Inflation Reduction Act of 2022 (IRA).
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