Federal Tax

Tax Incentives for Production and Conservation of Energy and Natural Resources (Portfolio 512)

  • This Portfolio analyzes of the many income tax provisions designed to encourage production of energy resources and conservation of energy and other natural resources.

Description

Bloomberg Tax, Tax Incentives for Production and Conservation of Energy and Natural Resources, No. 512 Portfolio brings together in one place analyses of the many income tax provisions designed to encourage production of energy resources and conservation of energy and other natural resources. The Portfolio separates the analyses into six categories, and presents a history of the provisions as they have been added, expanded, and modified.

First, the Portfolio discusses production incentives that are provided in the form of deductions. This brings together in one place analyses of amounts that are accounted for in computing taxable income on account of energy production.

Second, the Portfolio discusses production incentives that are provided in the form of credits. This brings together in one place analyses of amounts that are subtracted in computing tax liability on account of energy production.

Third, the Portfolio discusses incentives for the conservation of energy and other natural resources that are provided in the form of exclusions from gross income. This brings together in one place analyses of amounts that are excluded in computing gross income on account of conservation activities.

Fourth, the Portfolio discusses incentives for the conservation of energy and other natural resources that are provided in the form of deductions. This brings together in one place analyses of amounts that are deducted in computing taxable income on account of conservation activities.

Fifth, the Portfolio discusses incentives for the conservation of energy and other natural resources that are provided in the form of credits. This brings together in one place analyses of amounts that are subtracted in computing tax liability on account of conservation activities.

Sixth, the Portfolio discusses deductions and credits that are provided as incentives for nuclear energy. Some focus on the decommissioning of nuclear power plants, and others on the production of nuclear energy.

Table of Contents

I. Introduction
II. Production Incentives in the Form of Deductions
III. Production Incentives in the Form of Credits
IV. Conservation Incentives in the Form of Exclusions
V. Conservation Incentives in the Form of Deductions
VI. Conservation Incentives in the Form of Credits
VII. Incentives for Nuclear Energy

maule-james-2015
James Maule
Professor of Law, Emeritus
Villanova University School of Law
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