TAILIEUCHUNG - Part III - Administrative, Procedural, and Miscellaneous

First, the rating fifi rms may have feared that their sales of rating manuals would suffer from the consequences of the high-speed photocopy machine (which was just entering widespread use), which would allow too many investors to free ride by obtaining photocopies from their friends. Second, the bankruptcy of the Penn-Central Railroad in 1970 shocked the bond markets and made debt issuers more conscious of the need to assure bond investors that they (the issuers) really were low risk, and they were willing to pay the credit rating fifi rms for the opportunity to have the latter vouch for them (Fridson, 1999) | Part III - Administrative Procedural and Miscellaneous Credit for Nonbusiness Energy Property Notice 2006-26 SECTION 1. PURPOSE This notice sets forth interim guidance pending the issuance of regulations relating to the credit for nonbusiness energy property under 25C of the Internal Revenue Code. Specifically this notice provides procedures that manufacturers may follow to certify property as either an Eligible Building Envelope Component or Qualified Energy Property as well as guidance regarding the conditions under which taxpayers seeking to claim the 25C credit may rely on a manufacturer s certification or in the case of certain windows an Energy Star label . The Internal Revenue Service and the Treasury Department expect that the regulations will incorporate the rules set forth in this notice. SECTION 2. BACKGROUND .01 Section 1333 of the Energy Policy Act of 2005 Pub. L. No. 109-58 119 Stat. 594 2005 added 25C to the Internal Revenue Code. Section 25C provides a credit against tax for the taxable year in an amount equal to the sum of-- - 2 - 1 Ten percent of the amount paid or incurred by the taxpayer for qualified energy efficiency improvements that is property described in section of this notice installed during the taxable year and 2 The amount of expenditures for residential energy property that is property described in section of this notice paid or incurred by the taxpayer during the taxable year. .02 Under 25C b the maximum amount of the credit allowable to a taxpayer under 25C a for all taxable years is 500 200 in the case of amounts paid or incurred for exterior windows including storm windows and skylights . In addition the maximum amount of credit allowed is-- 1 50 for any advanced main air circulating fan 2 150 for any qualified natural gas propane or oil furnace or hot water boiler and 3 300 for any item of energy-efficient building property that is property described in section 1 - 7 of this notice . .03 Section 25C g and 1333 c .

• Ngân hàng - Tín dụng
• Regional Synthesis
• Regional Synthesis
• Sub Regional Overviews
• opportunities for development
• mproving Understanding
• environmental agreements
• Overview of resources
• Endowment and opportunities
• realizing opportunities
• altruist focused interventions
• ethically significant
• potential harms