Energy Tax Incentives and the Alternative Minimum Tax

Curtis Carlson and Gilbert Metcalf ()

No 14110, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We take a first look at limitations on the use of energy-related tax credits contained in the General Business Credit (GBC) due to limitations within the regular corporate income tax as well as the AMT. Between 2000 and 2005, firms were unable to use all energy-related tax credits due to GBC limitations in the regular tax. The AMT has a smaller but still pronounced impact on the ability of firms to use these credits. Finally, we provide some illustrative calculations to demonstrate how the AMT can lead to very different levelized costs of producing electricity from a wind power project.

JEL-codes: H20 H23 Q48 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-acc, nep-ene, nep-env, nep-pbe, nep-ppm and nep-pub
Date: Written 2008-06
Note: EEE PE
View list of references

Downloads: (external link)
http://www.nber.org/papers/w14110.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w14110
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc
Address: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Contact information at EDIRC.
Series data maintained by ().