First Published in Tax Notes on July 18, 2016
Below is a link to my Tax Notes article that discusses three IRS letter rulings involving the investment tax credit eligibility of reflective roofs that bolster the electricity produced by a related solar project. Further, in light of the IRS letter rulings, the article makes suggestions for the regulations the IRS announced in Notice 2015-70 that it is working on to update the definition of investment tax credit eligible property.
Here’s the link to the article: Solar Reflective Roof Article 7-18-16 152tn0405-Burton