Energy Tax Incentives and the Alternative Minimum Tax

Tax Incentives to Encourage

Much has been said about the importance of innovation, especially after the rise of globalization and implementation of more open markets. In this paper, we will show how innovation is linked to schools of thoughts that sought to explain and understand what would lead nations to reach a certain degree of long-term development, since the model of Joseph Schumpeter in the mid-1930s until Romer’s ...

R&D Tax Incentives

Main findings: • Level-based R&D tax credits are subject to a serious deadweight loss. • Increment-based R&D tax credits are not subject to that deadweight loss, but have their own deficiencies. • The bulk of the empirical evidence concludes that there is no crowding-out but also little additionality. • R&D tax incentives have the advantage of being neutral, less costly to administer, and more ...

Tax Incentives: Issue and Evidence

The Corporate Alternative Minimum Tax as a State Revenue Source

T HE Federal Tax Reform Act of 1986 tivity bonds) no carryforward credit is replaced the add-on minimum tax apgenerated. plied to corporations with a new alterSome of the major AMT adjustments native minimum tax. Corporations must include depreciation deductions for propnow compute their tax liabilities under the erty subject to MACRS, which must be reordinary tax method at a 34 percent rate ca...

Analyzing Tax Incentives for Producing Renewable Energy by Biomass Cofiring

This paper examines the impacts of governmental incentives for coal-fired power plants to generate renewable energy via biomass cofiring technology. The most common incentive is the production tax credit (PTC), a flat rate reimbursement for each unit of renewable energy generated. The work presented here proposes PTC alternatives, incentives that are functions of plant capacity and the biomass ...