Summary -
The IRS recently released guidance with respect to the new tax credit direct payment and transferability rules created under the Inflation Reduction Act enacted last August. The guidance explains how to register...more
7/3/2023
/ Clean Energy ,
Energy Projects ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Investment Tax Credits ,
IRS ,
New Guidance ,
New Rules ,
Production Tax Credit ,
Proposed Guidance ,
Real Estate Development
For public hearings held on or after March 18, 2022, new Revenue Procedure 2022-20, released by the Internal Revenue Service, allows issuers and approving governmental units to conduct telephonic public hearings for...more
State and local governments and 501(c)(3) organizations have been given very flexible guidance by the IRS for longer-term private management of tax-exempt bond financed projects to facilitate general operations and major...more
8/26/2016
/ 501(c)(3) ,
Compensation ,
Construction Industry ,
Infrastructure ,
IRS ,
Management Contracts ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Safe Harbors ,
Service Contracts ,
Tax-Exempt Bonds
The recently released Internal Revenue Service (IRS) rules in the final allocation and accounting regulations encourage the use of public-private partnerships (P3s). Under these rules, a private party can form a partnership...more
The IRS recently released guidance in the form of an IRS Notice implementing a rule change under the American Taxpayer Relief Act of 2012 concerning the construction deadline that renewable energy facilities must meet to...more