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Subject Keyword ENERGY PLANNING, POLICY AND ECONOMY ♦ ENERGY CONSERVATION ♦ FINANCIAL INCENTIVES ♦ FINANCING ♦ INVESTMENT ♦ US IRS ♦ NATIONAL ORGANIZATIONS ♦ US DEPARTMENT OF TREASURY ♦ US ORGANIZATIONS 291000* -- Energy Planning & Policy-- Conservation ♦ Energy Planning & PolicyPolicy, Legislation, & Regulation
Abstract An Internal Revenue Service challenge of a shared-savings tax shelter scheme that overvalues conservation equipment in order to attract investors may cost the suppliers of such equipment. The CSL Company asks users to relinquish about half their energy savings in exchange for not having to invest capital for the equipment. They are asked to give up all the tax benefits for depreciation, business investment, and energy tax credits. CSL overvalues the equipment by adding projected energy savings. Other firms hope that the action against CSL and the Fulham Group will not drive out funding for legitimate arrangements. (DCK)
Educational Use Research
Learning Resource Type Article
Publisher Date 1982-04-12
Publisher Place United States
Journal Energy User News
Volume Number 7
Issue Number 15


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