COMMERCIAL GUIDE TO THE FEDERAL （美国联邦商业指南）.pdfVIP

COMMERCIAL GUIDE TO THE FEDERAL INVESTMENT TAX CREDIT FOR SOLAR PV Disclaimer: This factsheet provides an overview and does not constitute professional tax advice or other professional financial guidance. It should not be used as the only source of information when making purchasing decisions, investment decisions, or tax decisions, or when executing other binding agreements. OVERVIEW  The solar investment tax credit (ITC) is a tax credit that can be claimed on federal corporate income taxes for 30% of the cost of a solar photovoltaic (PV) system that is placed in service during the tax year.1 (Other types of renewable energy are also eligible for the ITC but are beyond the scope of this factsheet.)  A solar PV system must be placed into service before December 31, 2016, to claim the 30% ITC—the tax credit will decrease to 10% starting in 2017.  For solar PV systems installed on or after October 4, 2008, there is no maximum amount that can be claimed through the ITC, and it may be used to offset either income taxes or alternative minimum taxes.  Typically, a solar PV system eligible for the ITC can also use an accelerated depreciation corporate deduction. ELIGIBILE PROJECTS To be eligible for the 30% business ITC, the solar PV system must be :  ‘Placed in service’ between January 1, 2006, and December 31, 2016 (i.e., construction and installation is complete, the taxpayer gains legal title and control of the system, all required licenses and permits for operating 2 the system are obtained, and pre-operational tests show that the equipment works )  Used by someone subject to U.S. income taxes (i.e., cannot be used by a tax-exempt entity like a charity)  Located in the U.S. (but not U.S. territories unless owned by a U.S. corporation or citizen)  Ne