David Burton
October 13, 2021
The proxy revenue swap (PRS) is a burgeoning financial product that supports renewable energy projects that sell electrical energy into the wholesale elect
Taxation of proxy revenue swaps for renewable energy projects
Final regulations complicate bonus depreciation for a sponsor’s buyout of a tax equity investor
David Burton
September 23, 2021
This post follows-up on Sponsors may Claim a Bonus Depreciation from Buyouts of Tax Equity Investors.
IRS extension is partial relief of solar energy projects
David Burton
July 6, 2021
The Internal Revenue Service's June 29 Notice 2021-41 has provided certain relief under the start-of-construction rules for wind and solar projects. Projec
ITC recapture following a casualty event
David Burton
June 9, 2021
Solar and other renewable energy projects eligible for the investment tax credit rarely suffer causalities.
Lessons from tax court's nixing of investor's energy credits
David Burton
April 21, 2021
David Burton highlights a court decision addressing a tax shelter scheme involving lenses for concentrated solar projects.
Sponsors may Claim a Bonus Depreciation from Buyouts of Tax Equity Investors
David Burton
February 11, 2021
Here’s a typical fact pattern in a tax equity partnership in which the investment tax credit recapture period or the production tax credit availability per
2020 - A Switchback Year for Tax Equity
David Burton
January 14, 2021
This article was originally published in the Project Finance International Yearbook 2021 and is reproduced here with permission. The year 2020 started with
Bonus depreciation proposed regulations: previously-owned property
David Burton
July 16, 2020
Bonus depreciation proposed regulations: previously-owned property
Bonus depreciation proposed regulations: Floor plan financing
David Burton
July 8, 2020
David Burton discusses updated proposed regulations under section 168(k) and addresses their effect on dealerships with floor plan financing.
Bonus depreciation proposed regulations: Leasing to a utility
David Burton
June 24, 2020
This update describes the effect of the updated proposed regulations on transactions related to property leased to regulated utilities.