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ARTICLE · 14 MAY 2014

Proposed IRS Rule Could Allow Solar Energy REITs

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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President Obama announced on Friday several executive actions to advance clean energy.

United StatesEnergy and Natural Resources
Jordan Collins
Jordan Collins
Bryan Stockton
Bryan Stockton
Author LinkedIn connections

President Obama announced on Friday several executive actions to advance clean energy.  Among them, the Internal Revenue Service (IRS) will publish new regulations on May 14th clarifying that certain solar generating assets may be eligible for inclusion under Real Estate Investment Trust (REIT) corporate structures. Please find below an ML Strategies update summarizing this proposed new rule.

Proposed IRS Rule Could Allow Solar Energy REITs

IRS Takes More Favorable View of Solar Assets as It Clarifies Definition of Real Property

Speaking at a California Wal-Mart on May 9th, President Obama announced several executive actions to advance clean energy.  Among them, the Internal Revenue Service (IRS) will publish new regulations on May 14th clarifying that certain solar generating assets may be eligible for inclusion under Real Estate Investment Trust (REIT) corporate structures.

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