David Burton
January 22, 2016
David Burton examines the Tax Court’s recent analysis in Leland v. Commissioner, favoring a lawyer’s bid for exception from the passive activity loss rules
Tax Court Sheds Light on Counting Hours For the ‘Material Participation’ Exception to the Passive Activity Loss Rules
Tax Court Levels Taxpayer's Weak Theories in Rent Accrual Case
David Burton
September 28, 2015
This article was originally published in the September 28, 2015 edition of Tax Notes. The Tax Court’s recent decision in Stough v. Commissioner illustrates
Project Finance Developer Fees Explained
David Burton
November 25, 2014
First published in Bloomberg BNA’s Daily Tax Report of November 25, 2014 In many renewable energy transactions, a ‘‘developer fee’’ is a critical feature—i
Missouri DOR Bungles Synthetic Lease
David Burton
August 11, 2014
David Burton discusses a recent ruling from the Missouri Department of Revenue that is intended to address the sales tax consequences of a synthetic lease
All Drywall Systems Aren’t Created Equal Under MACRS
David Burton
May 15, 2014
David Burton examines a recent private letter ruling where the Internal Revenue Service held that ‘‘zip’’ drywall partition systems are depreciated faster
IRS Blesses TRAC Lease Securitization
David Burton
February 24, 2014
This article was first published by Bloomberg BNA Daily Tax Report on February 24, 2014 In Private Letter Ruling 201404007, released Jan. 24, the Internal
An Analysis of U.S. Energy Policy Objectives: Green and Brown Power Options Examined
David Burton
December 18, 2013
First published in Bloomberg BNA’s Daily Environment Report on December 18, 2013 Climate change, energy independence, and health and welfare are policy rat
Hunting Unicorns: Individuals as Tax Equity Investors | Norton Rose Fulbright
David Burton
August 17, 2012
First published in Power Finance and Risk on August 17, 2012 As tax equity yields remain high and renewable energy is touted by the White House, the phone
Definitions of Lease Term for Federal Income Tax Purposes
David Burton
December 1, 2005
This article was originally published in the November/December edition of ELT by ELFA. The Feds offer—count ‘em—five definitions for “lease term.” The U.S.