Offshore Wind Advantages Over Onshore Wind

A Word About Wind has published my article about offshore wind in the United States as part of its Legal Power List 2018 special report. The article discusses how offshore wind projects, such as Vineyard Wind, have certain advantages over onshore wind, particularly with respect to tax credits for storage.

 

Here is a link to the special report; alternatively, if you are not a member of A Word About Wind, we are pleased to make the offshore wind article available.

By |August 27th, 2018|

US Corporate Tax 2018

The United States is currently in the middle of the most hyper-partisan political atmosphere in generations.  Bipartisan solutions to problems have become nearly impossible, as each side refuses to agree to a solution that might place the other side in a positive light.  Against that background, Congress enacted a comprehensive tax reform package less than two weeks before the end of 2017.  This tax reform legislation has become the single biggest item of focus […]

By |August 22nd, 2018|

Taxation Of Shareholders: The Basic Deemed-Dividend Tax Rules—A Canadian Tax Lawyer’s Analysis

What is a deemed dividend? Even in the absence of an explicit distribution from a corporation to its shareholder, Canada’s income-tax law forces the shareholder to recognize dividend income when certain transactions take place. These deemed-dividend rules are found in section 84 of Canada’s Income Tax Act.

Yet a deemed dividend is still a dividend. In other words, a deemed dividend qualifies for the tax treatment that would otherwise apply to a conventional dividend. For example, […]

By |August 20th, 2018|