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On January 2, 2013, President Obama signed into law H.R. 8, the American Tax Payer Relief Act, known more commonly as the Fiscal Cliff deal. The focus of the legislation was aimed at averting a complete expiration of the 2001 and 2003 Bush tax cuts. This law included the extension and modification of energy tax provisions impacting numerous industries. The following is a brief overview of those key provisions:
Alternative and Renewable Fuels
General Business Incentives
For more information on any of the above-mentioned provisions, please contact Andy Ehrlich or Josh Andrews. FaegreBD Consulting Energy & Environment group is supported by the firm's national Energy, Resources & Clean Technology industry team that spans the consulting group and Faegre Baker Daniels LLP.
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