05Jan
IRS Provides Beginning-of-Construction Relief for Offshore Projects and Projects on Federal Land
The IRS recently issued Notice 2021-05, which provides relief for offshore projects and projects located on federal land related to the beginning-of-construction requirements for the production tax credit under Section 45 of the Code (“PTC”) and the investment tax credit under Section 48 of the Code (“ITC”). The notice provides that an offshore project or a project located on federal land will be deemed to satisfy the continuity safe harbor if the project is placed in service within 10 calendar...
By:
Stoel Rives LLP
Related
Last year the Miami Beach City Commission passed a law requiring all hotels within the City of Miami...
Read More >
The experts speak their minds! The Office of Federal Contract Compliance Programs and the National ...
Read More >
Proposed New York Legislation - In his 2020 budget proposal, Governor Andrew Cuomo proposed creatin...
Read More >
A Trending News interview from Employment Law This Week®, featuring attorney Deborah DeHart Cannavin...
Read More >
This is the second installment of a two-part series highlighting M&A transaction issues for buyers a...
Read More >
A recent decision by the Competition Appeal Tribunal (CAT), Tobii AB (publ) v. Competition and Marke...
Read More >