The Low-Income Community Adder – What Can Go Wrong?

The Low-Income Community Adder – What Can Go Wrong?

by | Jun 25, 2024 | Insights

June 25, 2024 | By Dorian Hunt, Head of Renewables Investment tax credits (“ITCs”) are used to incentivize the construction and operation of certain types of real estate and energy assets. In some situations, Congress has added extra incentive in the form of...
Notice 2024-41: Domestic Content Safe Harbor

Notice 2024-41: Domestic Content Safe Harbor

by | Jun 3, 2024 | Insights

June 3, 2024 | By Dorian Hunt, Head of Renewables If you claim a federal tax credit on a renewable energy project in the U.S., it’s sometimes the case that the amount of federal tax credit can be increased by virtue of containing a sufficient quantity of “domestic...
A Guide for ITC Step Up Decision Analytics

A Guide for ITC Step Up Decision Analytics

by | May 29, 2024 | Insights

May 29, 2024 | By Dorian Hunt, Head of Renewables What is a federal tax credit? I like to think of it as a gift card that you can only use to pay your federal taxes or get souvenirs at the IRS gift shop (note from editor: does not exist). Prior to the Inflation...
New 6417 Direct Pay Opportunities

New 6417 Direct Pay Opportunities

by | May 20, 2024 | Insights

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

by | May 3, 2024 | Insights

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...