SEIA Revamps the Premier Tax Manual for the Solar Industry
Among several updates, the new guide incorporates the commence construction guidance issued by the IRS earlier this year and includes the effects of the “Tax Cuts and Jobs Act” enacted at the end of 2017.
WASHINGTON, D.C. - Known throughout the industry as the must-have guide for solar tax and finance issues, the Solar Energy Industries Association (SEIA) is now releasing Version 9.0, the first comprehensive update of the SEIA Solar Tax Manual since 2016.
Among several updates, the new guide incorporates the commence construction guidance issued by the IRS earlier this year and includes the effects of the "Tax Cuts and Jobs Act" enacted at the end of 2017.
"Given all of the recent changes, the demand for this resource has never been greater," said Abigail Ross Hopper, SEIAs president and CEO. "This comprehensive document provides SEIA members a leg up, as it explains and fully outlines the potential tax benefits and deal structures for solar projects."
Developed with the help of Keith Martin at Norton Rose Fullbright US LLP, the SEIA Solar Tax Manual covers tax credits for both commercial and residential solar projects, tax credit bonds, loan guarantees, low-interest loans and grants, state tax considerations, and more.
"The SEIA Tax Manual is a valuable SEIA member benefit," said Lee Peterson, Senior Tax Manager for CohnReznicks National Renewable Energy Practice. "It is incredibly valuable because it collects in one place the primary federal tax rules and concepts that drive the industry, while being easy for non-tax specialists to read and use."
The SEIA Solar Tax Manual is a SEIA members-only benefit. To view the executive summary and learn more about becoming a SEIA member, go to http://www2.seia.org/e/139231/solar-tax-manual/2dxjb2/279766433.
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About SEIA®:
Celebrating its 44th anniversary in 2018, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 250,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America. SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
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