Clean Energy Developers Fret Over Trump Tax Reform Talk
Law360, New York (January 30, 2017, 3:50 PM EST) -- President Donald J. Trump's recent call to slash corporate tax rates has unnerved renewable energy developers, who fear significant cuts may stymie projects by decreasing the appetite for tax equity investments that have been their financial lifeblood, experts say.
Trump said last Monday that he wants to see the corporate tax rate, currently at 35 percent, cut to between 15 and 20 percent, after he pushed for 15 percent during his campaign. With the Republican-controlled House of Representatives having already floated a broad-based tax reform plan that calls for a reduction to 20 percent, a sizable reduction in corporate tax rates...
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