Beginning construction for investment tax credit | KPMG | US
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KPMG report: Beginning construction for section 48 investment tax credit

Beginning construction for investment tax credit

Notice 2018-59 provides guidance for determining when construction begins on a facility eligible for the energy investment credit under section 48.


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The IRS released Notice 2018-59 in June 2018. Read a report of initial impressions about Notice 2018-59: TaxNewsFlash

Today’s KPMG report [PDF 202 KB] discusses the “begin construction” requirements for solar property as well as fiber-optic solar, geothermal, qualified fuel cell, qualified microturbine, combined heat and power system, qualified small wind, and geothermal heat pump property.

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