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Results: 11-20 of 38

Nuclear tax incentives in proposed American Power Act
  • McDermott Will & Emery
  • USA
  • May 19 2010

Proposed legislation would provide valuable nuclear energy tax incentives and enhance currently available incentives


Energy tax incentive bill introduced in Senate
  • McDermott Will & Emery
  • USA
  • October 11 2010

New energy tax credit legislation was introduced by Senators Jeff Bingaman (D-NM) and Olympia J. Snowe (R-ME), under which natural gas, combined heat and power, the Advanced Energy Manufacturing Tax Credit, energy storage, Clean Renewable Energy Bonds, and offshore wind, among other energy expenditures and projects, would all receive new or expanded tax benefits


IRS issues additional guidance on when construction begins for purposes of production tax credit, investment tax credit
  • McDermott Will & Emery
  • USA
  • September 25 2013

The Internal Revenue Service (IRS) has issued additional guidance relating to when construction begins with respect to wind and other qualified


Changing qualification requirements for PTC could have big impact for wind
  • McDermott Will & Emery
  • USA
  • October 9 2012

The wind industry is pushing for an extension of the renewable energy production tax credit (PTC), which is currently scheduled to expire at the end of the year


Wind energy industry will be affected by recent trade decisions, tax policy
  • McDermott Will & Emery
  • USA
  • August 3 2012

On August 2, 2012, the U.S. Department of Commerce (DOC) published in the Federal Register its preliminary determinations in the antidumping (AD) investigations of Wind Towers from China and Vietnam


Private letter ruling issued addressing the public benefit exception under IRC Section 118(b) relating to contributions in aid of construction
  • McDermott Will & Emery
  • USA
  • July 21 2010

A private letter ruling, particularly important to utility companies that receive payments to facilitate the relocation of transmission equipment, was recently issued


Energy bill discussion draft includes deemed tax payment in lieu of production tax credits and investment tax credits
  • McDermott Will & Emery
  • USA
  • July 30 2010

A discussion draft of the Domestic Manufacturing and Energy Jobs Act of 2010, which was recently introduced by Acting House Ways and Committee Chair Sander M. Levin, includes several significant energy-related tax provisions


Senate Finance Committee tax reform proposal streamlines energy tax credits
  • McDermott Will & Emery
  • USA
  • February 6 2014

On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released a proposal that would streamline energy tax incentives to make


IRS provides procedures for election of investment tax credit in lieu of production tax credit
  • McDermott Will & Emery
  • USA
  • June 9 2009

The notice provides welcome guidance but may place significant filing requirements on renewable energy projects


Congress passes bill extending Section 1603 grant and other energy-related incentives
  • McDermott Will & Emery
  • USA
  • December 17 2010

The U.S. Congress recently passed a bill extending the Section 1603 grant program for one year, prolonging certain credits for biodiesel producers and both continuing and expanding first-year bonus depreciation