News & Insights
Stay informed with the latest developments and expert perspectives on tax credits from Mickelson & Company. Our articles offer thorough analysis and up-to-date insights into the railroad and renewable energy sectors. Utilize this knowledge to strengthen your strategic planning in these crucial areas.
Considerations for Buyers of Section 45Z Transferable Tax Credits
The Inflation Reduction Act introduced market transferability for numerous clean energy incentives, and the Section 45Z Clean Fuel Production Credit is now among the most actively traded in the market. For corporate taxpayers, it presents an efficient and repeatable mechanism to reduce cash tax liabilities while achieving a measurable rate of return.
Webinar on Dec. 17: Benefits to Corporate Buyers of a 45Z Tax Credit Purchase
Please join Mickelson & Company as we present a webinar on Dec. 17 from 11:30 a.m. to 12:30 p.m. CST on the Benefits to Corporate Buyers of a 45Z Tax Credit Purchase.
Section 45Z and the Fiscal-Year Loophole: What Tax Credit Transfer Participants Should Know
Section 45Z’s fiscal-year substitution language opens a temporary but meaningful opportunity if executed correctly for clean-fuel producers whose tax years began before 2025.
Gevo, Inc. Announces Sale of Approximately $20 Million of Investment Tax Credits
ENGLEWOOD, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce the sale of approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act (“IRA”) Investment Tax Credits generated from the commercialization of a renewable natural gas (“RNG”) production facility by Gevo NW Iowa RNG, LLC (“Gevo RNG”) and provides net cash proceeds of approximately $17 million to Gevo after transaction fees.
