Time: 1:00 - 2:00 PM EDT
The IRS has issued additional guidance (IRS Notice 2016-31) relating to when construction begins with respect to wind and other qualified facilities for purposes of the newly extended production tax credit and investment tax credit. This guidance established a new safe harbor for projects to be deemed to have maintained a continuous program of construction. The Notice also addresses how the beginning of construction rules apply to facilities that are permitted to be separated into separate additional facilities, as well as new beginning of construction examples and excusable disruption examples. Last, the Notice provides some guidance for projects that are retrofitted or re-constructed (“80/20” projects). Please join McDermott Will & Emery for a complimentary webinar.
This engaging program will address:
- The Notice
- Continuity Safe Harbor
- 80/20 Project Qualification
- Summary of Key Takeaways for New Projects
To view the archived event please click here.
For more information, please contact Priscilla Bosco
CLE credit for this program is pending in the following states: CLE credit for the live presentation of this program is pending in the following states: California, Illinois and New York. A Uniform Certificate of Attendance will be made available to participants requesting CLE credit in all other states. CPE credit is also pending. A Uniform Certificate of Completion will be made available to participants requesting CPE credit. Credit shall be awarded only for attendance of the entire webinar; no partial credit shall be awarded for attending a portion of the webinar. Please note that in accordance with applicable state MCLE rules regarding attendance validation, each attendee seeking credit must log in to the webinar individually. Credit will not be granted for multiple attendees using one log in. Please be advised that CLE credit will not be approved for on demand/recorded viewings of this program in the states listed above. Attendees seeking credit in other states should consult their state CLE accrediting agency to determine whether self-study credit can be earned for on demand/recorded viewing of this program.