First Published by Law 360 on May 27, 2016
Below is a link to our article discussing IRS Notice 2016-31, which the IRS published in May. Notice 2016-31 provides helpful rules for wind projects applying the “start of construction” deadline enacted by Congress in December with respect the extension of tax credits for wind projects (as well as geothermal, biomass, trash and hydro projects). The comparable guidance from the IRS for solar projects has not been published yet.
Law360 May 27 Start-Of-ConstructionUpdateShouldBenefitCleanEnergy