Qualified Opportunity Zones & Energy Projects: New Tax Incentives
Eligibility Requirements, Formation, Self-Certification, Favorable Treatment of Returns on Investment
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide energy counsel with an understanding of Qualified Opportunity Zones and Qualified Opportunity Funds created under the new tax law. The panel will discuss eligibility requirements, formation and self-certification, as well as the tax benefits associated with investing in Qualified Opportunity Zones. The panel will also examine how Qualified Opportunity Funds can be used in energy projects and the interplay with other tax incentives.
Outline
- Qualified Opportunity Zones—defined
- Qualified Opportunity Funds—eligibility requirements, formation, self-certification
- Tax incentives to invest in Qualified Opportunity Funds/Zones
- Interplay of Qualified Opportunity Zone investments with renewable energy tax incentive programs
- Structuring considerations
Benefits
The panel will review these and other critical issues:
- What are Qualified Opportunity Zones, and how are they determined?
- How are Qualified Opportunity Funds approved, and what is the preferred entity structure?
- When must the reinvestment of gains be made, and how long must it be held, to qualify for the tax benefits?
- How might Qualified Opportunity Funds be used in energy projects, and can they be used with other tax incentives?
- What is the status of Treasury regulations interpreting and clarifying important aspects of the Qualified Opportunity Zone program?
Faculty
Michael D. Haun
Partner
Paul Hastings
Mr. Haun is a partner in the Tax practice of Paul Hastings and is based in the firm’s Los Angeles... | Read More
Mr. Haun is a partner in the Tax practice of Paul Hastings and is based in the firm’s Los Angeles office. He provides tax and business advice to a broad range of domestic and international clients in a wide variety of partnership and limited liability company transactions; acquisitions, mergers and dispositions involving corporations, including cross-border transactions; restructuring matters; tax issues involving credit agents; real estate investments; initial coin offerings; cryptocurrencies and virtual currency matters. He also specializes in tax-subsidized transactions and represents developers, syndicators, investors and lenders with respect to investments that involve low-income housing tax credits; renewable energy tax credits; historic tax credits; and new markets tax credits.
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James O. Lang
Shareholder
Greenberg Traurig
Mr. Lang focuses his practice on tax credit incentive programs and related state and federal incentive programs. He... | Read More
Mr. Lang focuses his practice on tax credit incentive programs and related state and federal incentive programs. He represents investors, lenders, community development entities, and for-profit and not-for-profit projects in complex transactions where capital stacks require enhancement through incentive financing, including renewable energy tax credits. He works with investors, lenders, project sponsors, and qualifying businesses to structure these tax credit programs along with ancillary governmental and non-governmental financing programs.
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