On December 27, 2020, President Trump signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the "Extenders Bill"), extending certain renewable energy tax credits and introducing new ones. The Extenders...more
IRS Notice 2020-41 provides relief for renewable energy projects that began construction in 2016 or 2017 by extending the “continuity safe harbor” to a five-year period....more
5/29/2020
/ Begun Construction Test ,
Coronavirus/COVID-19 ,
Investment Tax Credits ,
IRS ,
Popular ,
Production Tax Credit ,
Relief Measures ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Wind Power
In a letter addressed to Senator Chuck Grassley, Chairman of the Senate Committee on Finance, Treasury indicates its intention to revise the rules governing the deadline for construction of wind and solar projects to qualify...more
5/13/2020
/ Begun Construction Test ,
Coronavirus/COVID-19 ,
Investment Tax Credits ,
Legislative Agendas ,
Production Tax Credit ,
Renewable Energy ,
Safe Harbors ,
Secretary of the Treasury ,
Solar Energy ,
U.S. Treasury ,
Wind Power
The production tax credit for renewable wind projects under Section 45 of the Internal Revenue Code of 1986 (the "PTC" and "Code") has been extended by one year pursuant to a 2019 year-end federal government budget...more
12/28/2019
/ Advanced Batteries ,
Begun Construction Test ,
Biomass ,
Energy Sector ,
Extensions ,
Hydropower ,
Internal Revenue Code (IRC) ,
International Trade Commission (ITC) ,
Investment Tax Credits ,
Landfills ,
New Market Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Extenders ,
Wind Power