Recent News

Thursday, December 5, 2019

Ten Democrat members of the House of Representatives introduced a bill that would allow taxpayers to receive a cash payment instead of a tax credit for renewable energy investment tax credits and production tax credits. The Renewable Energy Investment Act of 2019 (H.R. 5157) would allow Indian tribal governments to receive 100 percent of the credit in cash and would allow other taxpayers to receive 85 percent of the credit in cash.

Tuesday, December 3, 2019

The Internal Revenue Service will publish final regulations to implement the base erosion and anti-abuse tax (BEAT) in Friday’s Federal Register. Treasury Decision 9885 finalizes proposed regulations published Dec. 21, 2018, and is effective Friday.

Friday, November 22, 2019

Twenty-six members of the House of Representatives sent a letter this week to House Majority Leader Nancy Pelosi, asking for an extension of the renewable energy investment tax credit (ITC) in any year-end legislation. The letter specifically cites the ITC for solar, fuel cells, small wind, geothermal and other clean energy technologies.

Thursday, November 14, 2019

Democratic presidential candidate Joe Biden today released a plan to invest $1.3 trillion in infrastructure over 10 years, including permanence for the new markets tax credit (NMTC) incentive and a restoration of the renewable energy investment tax credit (ITC). Biden, a former U.S.

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Conference Workshop
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Novogradac 2019 Financing Renewable Energy Tax Credits Conference Parc 55 San Francisco, a Hilton Hotel May 23-24, 2019