This CLE webinar will provide attorneys, developers, and investors guidance on the process and eligibility for energy tax credits under current U.S. tax law, methods to access these credits, the related challenges of each, and missteps to avoid.
Recent Treasury regulations encompass significant renewable and clean energy initiative provisions directly impacting the use of energy-related tax credits. Counsel must understand essential rules stemming from recent regulations, transfers of interests and credits for developers, producers, and investors, and methods to transfer and monetize these tax credits.
The Inflation Reduction Act expands tax incentives for various energy resources, reshapes how eligible projects are financed, and monetizes new and expanded tax credits. It includes a variety of provisions for the ITC, PTC, carbon capture, qualifying advanced energy project credit, advanced manufacturing production credit, and more.
In addition, Section 6418 permits taxpayers to transfer all or a portion of certain energy-related tax credits for cash. This opens the door to a larger pool of financing for developers and tax-equity investors. Counsel must understand these credits and the rules impacting the transfer of such credits along with other available financing mechanisms.
Listen as our panel discusses energy-related federal tax credits, recent Treasury regulations and guidance, key requirements and limitations, and methods of monetizing energy tax credits. The panel will also discuss direct pay and transferability rules.
