Renewable energy is often synonymous in people’s minds with credits and incentives. However, there are two other critical tax issues facing renewable energy companies that can make or break an investment. Shannon Blankenship, Allison Easley and Christine Piar of Deloitte discuss how these tax issues can impact companies in this industry, some common situations, and identify areas for consideration and planning.
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Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default