Don’t Be a Casualty of ITC Recapture

Don’t Be a Casualty of ITC Recapture

Investment tax credits (“ITCs”) are used to incentivize the construction and operation of certain types of real estate and energy assets. However, ITCs carry with them the possibility of recapture (i.e., clawback) in the case of certain events. In this article, we...
Developments in US Hydrogen Credits

Developments in US Hydrogen Credits

January 15, 2024 | By Dorian Hunt, Head of Renewables and Harry Ballan, Head of Tax (Americas), Liberty GTS and Adjunct Professor, NYU Law School At the end of 2023, the Treasury published proposed regulations (2023-28359.pdf (govinfo.gov) relating to the production...
Canadian Clean Technology Investment Tax Credit

Canadian Clean Technology Investment Tax Credit

On November 30, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland tabled Bill C-59 in the House of Commons (the “Bill”). The Bill includes legislation to implement the new Clean Technology Investment Tax Credit (“ITC”) first introduced in Budget...