On May 2, Mayer Brown and Alfa Energy Advisors presented the seminar/webinar Tax Structuring and Impact of Potential Tax Reform. A copy of the presentation is available here. The webinar was sponsored by Bloomberg BNA.
The webinar participants (but not the seminar participants) had the opportunity to answer polling questions. The sample size, which varied by question, may not be large enough to be statistically valid. Here are the webinar polling results:
1. How likely is it that a reduction in the corporate tax rate will be effective in 2018?
Answers:
Very likely – 0%
More likely than not – 42.9%
Somewhat likely – 57.1%
It is not going to happen – 0%
2. How likely is it that the federal corporate income tax rate will be reduced below 30% during the current Trump administration?
Answers:
Very likely – 14.3%
More likely than not – 21.4%
Somewhat likely – 57.1%
It is not going to happen – 7.1%
3. Which is your preferred partnership structure for solar tax equity transactions?
Answers:
After-tax IRR based flip – 72.7%
Time based flip – 27.3%