Tuesday, November 16, 2010

THE BORG BUY A BOILER


Payments for Specified Energy Property in Lieu of Tax Credits
under the
AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009

This is the document that describes the How, When, and Where for the way our tax dollars can be abused by the "Borg". Oh, sorry...that should be ADAGE. The "Safe Harbor" provision on page 7 might explain where "buying the boiler to qualify" comes from. This feature is a way to get the money without actually starting construction before the deadline.

Link to guidance.pdf

2 comments:

  1. Thank you for the link and for the Borg reference - "resistance is fultile."

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  2. This is a MUST READ document!! WOW!
    Thank you, John, for finding this and getting this information out to us as soon as you did.

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