The era of corporate secrecy is over! 🗳 Today at their AGM, Kosmos Energy shareholders must put an end to aggressive tax avoidance and vote in favor of tax transparency measures. 💡 Read more ➡ https://lnkd.in/dvFgPN8f Oxfam America
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Great to see the Offshore Energies UK manifesto as we head into a UK General Election call for 1) an internationally competitive tax regime 2) long term predictability; and 3) full expensing of capital (no different to onshore economy) with long term certainty of these allowances #homegrownenergytransition
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In their latest article, Trevor deBoer and Shaun Pretli recap of some of 2023's most important tax incentives and other financial developments in the #hydropower sector. Read it on Energy Insider: https://lnkd.in/gGzMHhWd #cleanenergy #energylaw
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The U.S. Department of Energy (DOE), along with the U.S. Department of Treasury and the Internal Revenue Service, have announced an incredible $4 billion in tax credits! Aimed at increasing domestic clean energy manufacturing and lowering GHG emissions at industrial facilities, these tax credits will go to 100 projects across 35 states. Read more about this part of the Biden-Harris Administration's Investing in America agenda here: https://buff.ly/3VC1eFd
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Managing Director @ AssetStrategy.com | Independant Wealth Management, Tax Mitigation and Retirement Plan Consulting
Hot off the Presses! Great News about Tax Credits 👇 “The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion.” As part of the Inflation Reduction Act, $4 billion in tax credits will be allocated to over 100 projects across 35 states. These projects focus on accelerating domestic clean energy manufacturing, reducing greenhouse gas emissions, and creating good-paying jobs. 🌎 Additionally, new provisions allow state, local, and tribal governments, as well as non-profit organizations, to benefit from these tax credits, enhancing the reach and impact of clean energy projects nationwide. ☀️ This strategy not only supports environmental goals but also aims to lower energy costs and foster economic growth in historically disadvantaged communities. If you are paying significant taxes and want to learn more about how Tax Credits could impact you, book a quick Discovery Call with me or a member of our team: https://lnkd.in/ea-bDnyr Read more: https://lnkd.in/ec-ycsvi #CleanEnergy #Taxes #TaxCredits
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In the News: Treasury floats tax lifeboat for struggling offshore wind 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 The new guidance is seen as a boon for energy storage and offshore turbine projects whose financial woes remain. 🔗 [Learn more: https://lnkd.in/gpnEek6W] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting
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Want to know more on how the U.S. Inflation Reduction Act is promoting clean energy and investment through new laws? In a recent webinar, David Christensen Hitomi Komachi Goran Galic discussed the impact, opportunities, and challenges of the new tax credit regime and what this means for Australia. Key highlights included two key opportunities for Australian and other foreign companies under the IRA: a new manufacturing tax credit for energy equipment and critical minerals; and a revised electric vehicle tax credit, which has new sourcing requirements that favour countries with free trade agreements with the US, such as Australia. Reach out to David Christensen and Goran Galic for further clarity on IRA and its implications for Australia and to connect with our leading U.S. energy transition tax team. #aoaustralia #energytransition #taxcredits
What does the U.S. Inflation Reduction Act mean for clean energy?
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Scotland's dependence on oil and gas industry underlined by economists amid claims windfall tax will trigger slump in North Sea investment - read more in my latest column
Mark Williamson: Scotland's dependence on oil and gas clear amid North Sea fears
heraldscotland.com
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Sustainable energy project pipelines have increased significantly because of the IRA. Tax credit transferability is a major catalyst for this growth, with new market entrants and financing structures resulting in increased tax capital supply. Gain more #sustainablefinance insights here: https://lnkd.in/eCvhiAz3. #FinancingSustainability #Transferability #TaxCapital
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European Energy has reported €78m in earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter of 2023, up from €20m in the same period in 2022. https://lnkd.in/dkTsat2U
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