OrbitaxU.S. IRS Announces Safe Harbor for Taxpayers that Develop Renewable Energy Projects
|Approved Changes|United States
The U.S. IRS has announced a safe harbor for taxpayers that develop renewable energy projects, which is being provided in response to COVID-19.
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Treasury, IRS provide safe harbor for taxpayers that develop renewable energy projects
IR-2020-106, May 27, 2020
WASHINGTON –The Treasury Department and the Internal Revenue Service today is providing relief for taxpayers developing renewable energy projects and producing electricity from sources such as wind, biomass, geothermal, landfill ga…