Energy Tax Incentives and the Alternative Minimum Tax
We take a first look at limitations on the use of energy-related tax credits contained in the General Business Credit (GBC) due to limitations within the regular corporate income tax as well as the AMT. Between 2000 and 2005, firms were unable to use all energy-related tax credits due to GBC limitations in the regular tax. The AMT has a smaller but still pronounced impact on the ability of firms to use these credits. Finally, we provide some illustrative calculations to demonstrate how the AMT can lead to very different levelized costs of producing electricity from a wind power project.
|Date of creation:||Jun 2008|
|Date of revision:|
|Publication status:||published as Carlson, Curtis & Metcalf, Gilbert E., 2008. "Energy Tax Incentives and the Alternative Minimum Tax," National Tax Journal, National Tax Association, vol. 61(3), pages 477-91, September.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
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Discussion Papers Series, Department of Economics, Tufts University
0612, Department of Economics, Tufts University.
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"Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit,"
10611680, Harvard Kennedy School of Government.
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- Mihir A. Desai & Dhammika Dharmapala & Monica Singhal, 2008. "Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit," NBER Working Papers 14149, National Bureau of Economic Research, Inc.
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