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Shareholders Investment Tax Credits

Holland & Hart LLP

New Final Tax Credit Transferability Regulations Issued; Changes Minimal

Holland & Hart LLP on

On April 25, 2024, the IRS and US Treasury Department issued the final regulations under Section 6418 of the Code, the provision that allows sales of certain tax credits, including credits for renewable energy production and...more

DarrowEverett LLP

How Renewable Energy Developers Can Maximize ITC Value In Deal-Making

DarrowEverett LLP on

On August 16, 2022, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Among other things, the Act has notable consequences for the renewable energy industry, including restoring the...more

Foley & Lardner LLP

IRS Issues Proposed Rules on Income Inclusion under Section 50(d)(5)

Foley & Lardner LLP on

The IRS just published long-awaited temporary regulations under section 1.50-1T governing the section 50(d)(5) income inclusion rules. These rules apply to lessees of investment credit property when the lessor elects to treat...more

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