By Barrry Devine, Tri-Merit
The Qualifying Advanced Energy Project Credit (48C) provides manufacturers with billions of dollars in tax credits for making investments in advanced energy projects, as defined in 26 USC § 48C(c). Most renewable energy tax credits are based on the capital cost or the production output of a renewable energy asset, but the 48C program is a ‘facility’ credit as defined under IRC §48C.
By Tony Nunes and Isabella Chin, Kelly + Partners Chartered Accountants
An employee incentive scheme (EIS) is a scheme under which shares or rights to acquire shares in a company are provided to an employee or their associates in relation to the employee’s employment.
By Elkin Salazar, OCH Ochoa Consulting Holding SAS
The business world has always been an environment where companies seek to grow, expand, and maximise their opportunities. In this context, mergers and acquisitions (M&A) have played a crucial role in the evolution of the Colombian economy. However, since the advent of the Covid-19 pandemic in 2020, a new scenario has emerged that may significantly impact the M&A landscape in Colombia. In this article, we will explore how this process has evolved in the country after the pandemic.
By Javier Ortega, Ruiz Ballesteros Lawyers and Tax Advisors
In a recent ruling of the Supreme Court (STS 645/2023, 23 February 2023), the Spanish Court of Justice ruled on whether it is a right or an option of the taxpayer regarding the rectification of a supplementary VAT self- assessment submitted by a sports club, in which a higher amount of deductible VAT is recorded and, therefore, a refund of undue income is requested.
By Raghu Marwah & Anmol Bansal, RNM Capital Advisors
In the realm of business, family-run enterprises occupy a unique space where tradition and innovation co-exist in the form of trust and integrity. The question of expansion often arises as these businesses mature. How can they grow while retaining their distinct heritage and values? The answer lies in the strategic use of mergers and acquisitions (M&A), an extensively used tool that enables family-owned firms to scale up effectively while preserving their core identity.