New 6417 Direct Pay Opportunities

New 6417 Direct Pay Opportunities

May 20, 2024 | By Dorian Hunt, Head of Renewables On March 11, 2024, the IRS and the Treasury proposed regulations that, if finalized, would provide welcome relief to investors in partnerships owning facilities that generate § 45(a), § 45U, § 45Y, § 48, and § 48E...
Surprise State Tax Impact of Inflation Reduction Act Credits

Surprise State Tax Impact of Inflation Reduction Act Credits

Overview For a number of years, the development of renewable energy and energy transition assets in the US has been incentivized through federal tax credits. The Inflation Reduction Act (“IRA”) which became law in 2022, 1) increased the number of available of credits...