Tuesday, October 4, 2011

1603 Controversy

Full Article: http://files.cecollect.com/511/1042/irs_treatment_of_excessive_1603_payments.pdf

Hunton Williams law firm writes of IRS audits surrounding some 1603 Grants.

Jim Young
SCG

1 comment:

  1. Hi there! great stuff, glad to drop by your page and found these very interesting and informative. Thanks for sharing about 1603 grants, keep it up!
    Section “1603″ of the American Recovery and Reinvestment Act of 2009 expired at the end of 2011. Under the terms of 1603, renewable energy companies could qualify for grants in lieu of the Investment Tax Credit (ITC) for projects where construction began in 2009, 2010, or 2011 and placed in service before the credit termination date (year-end 2011).

    ReplyDelete