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"Sunny Days for Solar Projects and Strong Tailwinds for Offshore Wind Projects," Jones Walker LLP Tax Client Alert

By Shawn J. Daray, Jonathan R. Katz

Client Alert

August 18, 2022

On August 16, 2022, President Biden signed the Inflation Reduction Act (the Act), which includes provisions extending the production tax credit (PTC) and the investment tax credit (ITC) for solar and offshore wind projects. In addition, the Act adds a 15% minimum book income tax for corporations, which may be offset in part by general business credits, including solar and wind energy tax credits. Continue reading >

Related Professionals
  • name
    Shawn J. Daray
    title
    Associate
    phones
    D: 504.582.8488
    email
    Emailsdaray@joneswalker.com
  • name
    Jonathan R. Katz
    title
    Partner
    phones
    D: 504.582.8314
    email
    Emailjkatz@joneswalker.com

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  • Tax
  • Tax Credit Finance
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  • Energy, Environmental & Natural Resources
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