Below is a link to my presentation addressing state tax credits to Tax Executives International’s New Orleans chapter.  The presentation (i) discusses the federal tax treatment of state tax credits, (ii) outlines several transaction structures involving both state tax credits and the federal investment tax credit and (iii) provides an overview of renewable energy state

First published in State Tax Notes on August 11, 2014

David Burton discusses a recent ruling from the Missouri Department of Revenue that is intended to address the sales tax consequences of a synthetic lease transaction. Burton argues that the DOR misapplied the term ‘‘synthetic lease,’’ leaving taxpayers without reliable guidance.

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