Energy And Clean Technology Advisory: IRS Provides Guidance On Electing Investment Tax Credit In Lieu Of Production Tax Credit

Mondaq Business BriefingUnited States Law Articles in English (2009)

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Energy And Clean Technology Advisory: IRS Provides Guidance On Electing Investment Tax Credit In Lieu Of Production Tax Credit

The American Recovery and Reinvestment Act of 2009 (ARRA)

expanded tax incentives for the renewable energy sector in several

ways. One significant change allows taxpayers to elect the Code

Section 48 investment tax credit (ITC) in lieu of the Code Section

45 production tax...

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