Webinar - The Renewable Energy PTC in 2013: Defining "Under Construction" (Renewable Energy World - Free Webcast)
May 1: 11:00 pm EDT / 12:00 pm CDT / 10:00 pm PDT / 5:00 pm GMT
Presenters: David K. Burton, Partner, Akin Gump and John Marciano, III, Partner, Chadbourne and Parke LLP
Defining "under construction" for the United States Renewable Energy Production Tax Credit (PTC). During the final hour of 2012, the all-important Production Tax Credit was extended for one-year. But the language in the law was also changed. Whereas it used to be necessary that projects be "placed in service" before the tax credit expired, now they must only be "under construction." The IRS has just released clarifying language on what "under construction" means for the industry. This webcast will feature experts who will discuss how to interpret the new statute and what developers will need to consider when planning renewable energy projects in the U.S. that can take the production tax credit.
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