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IRS Updates Start-of-Construction Rule: Four Years for Project Completion
  • Mayer Brown LLP
  • USA
  • May 5 2016

Legal Update On May 5, 2016, the US Internal Revenue Service released Notice 2016-31 (available here) (the “Notice”). The Notice updates previous


Lower Fuel Prices Take a Toll on California’s Transportation Funding
  • Nossaman LLP
  • USA
  • April 29 2016

Lower gas prices and decreased revenue from California's Price Based Excise Tax (PBET) on gasoline are taking their toll on the state's


Trade Alert - April 2016, Issue 28 - Ukraine
  • Cadwalader Wickersham & Taft LLP
  • Iceland, Ukraine, USA
  • April 28 2016

Ukraine is seeking to strengthen its ties with the EU, its largest trading partner. Ukraine’s main exports to the EU are raw materials, including iron


Climate change regulation starts to take shape in Washington State
  • Davis Wright Tremaine LLP
  • USA
  • April 27 2016

In 2015, the Washington Legislature failed to act on Governor Jay Inslee's cap-and-trade proposal to limit the greenhouse gas emissions that cause


Kentucky: Fuel Purchased by Customers Fob Seller’s Dock Not Subject to Kentucky Excise Tax
  • Bingham Greenebaum Doll LLP
  • USA
  • April 25 2016

The Kentucky Board of Tax Appeals ("KBTA") recently found that biodiesel fuel purchased by out-of-state customers was not subject to Kentucky excise


Senate To Move on Energy Bill; Carbon Capture and FAA; Latest on Rooftop Solar Capacity In U.S.
  • Squire Patton Boggs
  • USA
  • April 18 2016

As the holds have been removed on S. 2012, the Energy Policy Modernization Act of 2016, we now expect the bill to come to the Senate floor this week


Found Money? Potential Overlooked Texas Tax Credits for Oil and Gas Producers
  • Locke Lord LLP
  • USA
  • April 15 2016

Cash-strapped E&P companies may be leaving a portion of their severance taxes on the table. Among other production incentives found in the Texas Tax


Cleantech and Transportation Intersect in the 2017 U.S. Federal Budget Proposal
  • Shearman & Sterling LLP
  • USA
  • April 13 2016

With the federal budget process for FY2017 and related appropriation discussions expected to heat up in Congress over the next couple of months, the


Emerging trends in tax credit finance: expansion of renewable, development, housing programs
  • Stinson Leonard Street LLP
  • USA
  • April 12 2016

On December 18, 2015, the landscape improved for individuals and businesses looking to invest in affordable housing, economic development and


The “Panama Papers” and the Secret World of Shell Corporations - Reducing Liability Exposure and Seeking Insurance Coverage
  • Pillsbury Winthrop Shaw Pittman LLP
  • Global, Panama, USA
  • April 8 2016

A leak of 11.5 million documents from a law firm in Panama may implicate politicians, criminals, and celebrities in sheltering of fortunes in