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The Renewable Electricity Production Credit and Wind Power: The Production Tax Credit Under Section 45 of the Internal Revenue Code


by Vincent DeVito View Biography
Pepper Hamilton LLP View Firm Credentials
New York Office

April 8, 2008

Previously published on March 2008

Congress established the Renewable Electricity Production Credit as an income tax credit for businesses. The credit is a financial incentive to encourage investment in the production of renewable electricity, including energy produced by wind.


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.




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