Solar and U.S. tax reform: The solar and wind industries largely dodged the bullet in the process of U.S. tax reform. But there will still be impacts on renewable energy project finance, which are many and complex, and it is hard to say what the final end-market impact will be.
The U.S.’s Base Erosion Anti-abuse Tax, or BEAT, was introduced to deter non-domestic companies from drawing too high a portion of their U.S. earnings from federal taxes. This provision is still being debated in congress.
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