IRS Final Direct Pay Energy Tax Credit Regulations: Key Provisions and Issues for Renewable Energy Transactions
Section 6417, Applicable Entities and Credits Under the Inflation Reduction Act, Procedures for Electing Direct Payment, and More
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This CLE/CPE webinar will provide renewable energy counsel and advisers guidance on recent final IRS direct pay energy tax credit regulations and key tax considerations and planning for related renewable energy transactions. The panel will discuss key provisions of the final direct pay rules under Internal Revenue Code Section 6417 as enacted by the Inflation Reduction Act of 2022 (IRA), entities and tax credits covered under Section 6417 and the final rules, the impact of those rules on renewable energy transactions and investments, and other key considerations.
Outline
- Overview of the IRA provisions regarding energy tax credits
- Key provisions of final IRS direct pay rules
- Eligibility requirements
- Applicable credits
- Processes and making the election
- Section 761 proposed regulations
- Impact on renewable energy transactions and best practices
Benefits
The panel will discuss these and other key issues:
- What are the requirements for making a direct pay election with respect to energy tax credits?
- What are the implications of direct pay and the final IRS regulations?
- What are the key considerations for counsel in light of the final IRS direct pay rules?
Faculty
Kate L. Mathieu
Attorney
Skadden Arps Slate Meagher & Flom
Ms. Mathieu advises public and private companies on a broad range of U.S. federal income tax matters, with a particular... | Read More
Ms. Mathieu advises public and private companies on a broad range of U.S. federal income tax matters, with a particular focus on both domestic and international transactions. Ms. Mathieu’s practice includes significant work involving the tax aspects of corporate mergers and acquisitions, spin-offs, and partnership transactions. She also advises clients with regard to the taxation of debt and equity financings, initial public offerings, and internal integration and restructuring transactions.
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Paul Schockett
Partner
Skadden Arps Slate Meagher & Flom
Mr. Schockett advises public and private companies on a broad range of U.S. federal income tax matters, with... | Read More
Mr. Schockett advises public and private companies on a broad range of U.S. federal income tax matters, with particular focus on U.S. and cross-border transactions. His practice includes significant work involving the tax aspects of partnership acquisitions and dispositions, joint venture and investment fund formations, and corporate mergers and acquisitions. He also advises clients with regard to the taxation of debt and equity financings, initial public offerings, bankruptcy restructurings and internal reorganizations. He frequently writes and lectures on tax-related topics, including partnership taxation, M&A transaction structuring, tax aspects of troubled company workouts, and renewable energy tax benefits.
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Cannot Attend May 16?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.