Search Results (1603)
Documents on Taxation, Energy, Government
Show: results per page
|HMRC's Accelerated Payment of Tax Powers Come Into Effect|
Tessa Lorimer, Maurice Martin; Withers Bergman LLP;
September 10, 2014, previously published on September 5, 2014In the 2013 Budget, the Government announced its intention to enable HMRC to issue notices to taxpayers to inform them that they should settle their outstanding tax liability in the event that a previously decided Tax Tribunal case has direct relevance to their dispute.
|IRS Releases New Guidance on Beginning of Construction|
John A. Eliason, Kurt R. Rempe; Foley & Lardner LLP;
August 27, 2014, previously published on August 22, 2014The IRS recently released Notice 2014-46 (the Notice) which provides welcome guidance to tax equity investors and developers on the construction of wind, geothermal, biomass, landfill gas and certain hydropower and marine hydrokinetic energy projects for purposes of qualifying for the section 45...
|Colorado: Appellate Court Finds in Favor of Natural Gas Company in Sales Tax Exemption Dispute|
McDonald Hopkins LLC;
August 26, 2014, previously published on August 21, 2014The Court of Appeals of Colorado affirmed a lower court ruling providing that pipelines and fittings located in one of Colorado’s enterprise zones, which are used to gather and deliver natural gas from a taxpayer’s wells to its’ processing facilities, qualify for Colorado’s...
|State Lawmakers Not Blowing Smoke When It Comes To Taxing E-Cigarettes|
McDonald Hopkins LLC;
August 26, 2014, previously published on August 21, 2014The use of e-cigarettes is on the rise, and lawmakers are moving in to regulate and tax them. According to the Centers for Disease Control and Prevention, “about one in five adult smokers tried an e-cigarette between 2010 and 2011.” Most e-cigarette users claim they use them to reduce...
|IRS Relaxes and Clarifies Renewable Energy Tax Credit Eligibility Requirements for Projects Under Construction|
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
August 25, 2014, previously published on August 12, 2014On August 8, 2014, the Internal Revenue Service (IRS) issued Notice 2014-46 in response to continued industry requests for clarification on several aspects of the renewable electricity Production Tax Credit (PTC) under section 45, or the energy Investment Tax Credit under section 48 in lieu of the...
|IRS Clarifies Production Tax Credit Qualification for Renewable and Alternative Energy Facilities|
John C. Crossley; Husch Blackwell LLP;
August 21, 2014, previously published on August 14, 2014With developers in the renewable energy industry racing to complete energy projects across the country by January 1, 2016, the Internal Revenue Service (IRS) has published additional guidance to reduce uncertainty regarding the ability of certain projects to qualify for production tax credits...
|IRS Guidance Clarifies Renewable Energy Tax Credit|
Jared Binstock, Armando Gomez, David A. Schneider, Paul Schockett, Sean M. Shimamoto; Skadden, Arps, Slate, Meagher & Flom LLP;
August 19, 2014, previously published on August 12, 2014The Internal Revenue Service (IRS) has released welcome new guidance on renewable electricity production and energy investment tax credits. A notice issued on August 8, 2014, addresses when a facility or equipment maintains its qualification when transferred during the construction process, and how...
|Making the Most of a Promise to Pay Agreement: Terms Recommended in Promissory Notes on Delinquent Taxes|
David Brown; Weltman, Weinberg & Reis Co., L.P.A.;
August 18, 2014, previously published on August 8, 2014When a delinquent taxpayer enters into a payment plan with a municipality, the plan is usually evidenced by a promissory note signed by the debtor. While a promise to pay does not need to be overly complicated, there are several terms that should be included to ensure proper and timely repayment,...
|Are You Really Sure That Construction Began? IRS Issues Third Notice Regarding Renewable Energy Tax Credit Beginning of Construction Test|
Dorothy Black Franzoni, Jonathan Goldman, Amish M. Shah, Ram C. Sunkara, Thomas H. Warren; Sutherland Asbill & Brennan LLP;
August 18, 2014, previously published on August 12, 2014On August 8, 2014, the Internal Revenue Service (“IRS”) issued Notice 2014-46, which provides further guidance intended to assist developers and purchasers of renewable energy facilities evaluate whether such facilities satisfied the beginning of construction requirement for the...
|Representative Levin Targets Earnings Stripping|
Sutherland Asbill Brennan LLP;
August 12, 2014, previously published on August 7, 2014Inversion transactions are making waves, and politicians are taking notice, with the number of legislative proposals dealing with inversions and other international tax issues growing at a fast rate.