Renewable Energy Projects: Maximizing Production and Investment Tax Credits After Newly Released IRS Guidance
Navigating the Construction, Master Contracts and Transfers of Facilities Requirements
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will examine the new IRS guidance on the production tax credit (PTC) and the investment tax credit (ITC) for renewable energy projects. The panel will discuss the construction, master contracts and transfers requirements, and offer best practices for taking advantage of the PTC and ITC.
- New IRS guidance
Requirements for tax credits
- Physical work
- 5% safe harbor
- Continuous construction and continuous efforts
- Master contracts
- Transfers of facilities
- Beginning construction
- Best practices and strategic tax planning
The panel will review these and other key questions:
- What clarifications did the recent IRS guidance offer on the expanded safe harbor for renewable energy projects?
- What steps should counsel advise companies to meet the begin construction requirements?
- What best practices should counsel employ to take advantage of the PTC and ITC for clients?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Gregory F. Jenner
Mr. Jenner has broad experience in virtually all federal tax matters, with particular focus on planning and... | Read More
Mr. Jenner has broad experience in virtually all federal tax matters, with particular focus on planning and implementing complex tax-related transactions, partnerships and joint ventures. He has increasingly focused on planning for renewable energy projects. He served as both Acting Assistant Secretary of the U.S. Treasury for Tax Policy (2004) and Deputy Assistant Secretary for Tax Policy (2002-2004). As Acting Assistant Secretary, he directed the Treasury's Office of Tax Policy, which is responsible for providing the Administration with policy analysis, advice and recommendations relating to all aspects of domestic and international issues of federal taxation.Close
Kevin T. Pearson
Mr. Pearson focuses principally on federal income tax law, including both transactional matters and tax controversy... | Read More
Mr. Pearson focuses principally on federal income tax law, including both transactional matters and tax controversy matters. As part of his transactional practice, he regularly advises clients regarding all aspects of corporate taxation, including taxable and tax-free mergers and acquisitions, debt and equity offerings and other corporate finance transactions, consolidated return issues, and general corporate tax issues. He represents clients in renewable energy financing transactions, particularly those involving the federal production tax credit.Close