Treasury

Treasury Attorney Discusses Pending ITC Guidance at REFF

By David K. Burton on June 21, 2016

Posted in ITC, Leasing, Partnerships, PTC, Solar, Wind

Hannah Hawkins, Attorney-Advisor in the office of Tax Legislative Counsel of the United States Treasury was a panelist at the Renewable Energy Finance Forum in New York on June 21 and commented on investment tax credit (“ITC”) related guidance that Treasury is working on.

With respect to the solar version of the “start of construction” guidance for determining tax credit eligibility that parallels what was issued for wind in Notice 2016-31, Ms. Hawkins stated that “it is the next thing on our plate. We hope to have guidance in the fall [or] winter.”…
Continue Reading Treasury Attorney Discusses Pending ITC Guidance at REFF

Court of Federal Claims Fumbles Section 1603 Discovery Dispute

By David K. Burton on February 9, 2016

Posted in 1603 Treasury Cash Grant

First published in the February 9, 2016 edition of Bloomberg BNA’s Daily Tax Report

The U.S. Court of Federal Claims in a recent opinion, Bishop Hill Energy LLC v. United States, ruled against a discovery request made to the U.S. Treasury Department. The court’s opinion appeared to fumble the analysis of why Treasury shouldn’t have…