Key Energy-Related Tax Provisions in the 2016 Budget Proposal
McDermott Will & Emery has prepared a white paper on energy-related provisions in his recently released budget proposal for the 2016 fiscal year.
President Obama’s proposal for the 2016 fiscal year repeats many of his past energy-related tax proposals, including a permanent extension of the renewable energy production tax credit and a provision making it refundable, the report says.
The firm’s report is a summary of the key energy-related tax provisions contained in the budget proposal and discussed further in the U.S. Department of the Treasury’s general explanation of the proposal.
