The U.S. Department of the Treasury (Treasury) earlier this week issued two notices of proposed rulemaking (the Proposed Regulations) related to the election to transfer certain tax credits (the Tax Credit Transfer Election)...more
The United States Court of Federal Claims recently released two anticipated opinions, Bishop Hill Energy, LLC v. United States and California Ridge Wind Energy, LLC v. United States, which were issued under seal on January 7,...more
6/26/2019
/ 1603 Grants ,
Burden of Proof ,
Counterclaims ,
Department of Justice (DOJ) ,
Economic Substance Doctrine ,
Energy Projects ,
Fees ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
Renewable Energy ,
Sham Transactions ,
Tax Credits ,
Testimony
The Treasury Department issued proposed regulations related to qualified opportunity zones on October 19, 2018. Congress created the qualified opportunity zone regime as part of the Tax Cuts and Jobs Act, which was enacted at...more
Republican leaders yesterday released their comprehensive tax reform bill, the “Tax Cuts and Jobs Act.” Although there has been a great deal of high-level discussion over the past few months regarding various tax reform...more
After months of speculation a group of Republican leaders referred to as the “Big Six” (House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, House Ways and Means Committee Chairman Kevin Brady, Senate Finance...more