Many states offer tax credits for investment in film production, historic rehabilitation projects, low income housing projects, renewable energy projects, and other initiatives as a way to spur economic growth, expand job opportunities, and enhance innovation.
Some states also allow the transfer of these credits to another taxpayer—which means you can reduce your state tax burden by purchasing other businesses' credits or increase your cash flow by selling credits you've earned.
Depending on the state, the type of credit, and the types of taxes that may be offset, the prices can range from $0.70 to $0.95 per dollar of credit purchased. For buyers, beyond the potential to deliver a high rate of return, transferable tax credits can also help you:
If you’re interested in leveraging this opportunity, Moss Adams can help you certify and transfer earned credits, identify available credits, and navigate the transfer process in any state that offers these credits.
Since 2007, we’ve helped our clients transfer more than $800 million in credits and performed incentive compliance and audit services for eligible projects in excess of $3 billion of total project costs.
With access to offline and online resources, Moss Adams can help ensure a real-time market rate and better position you for a timely transaction.
Available Transferable Tax Credits
From identifying transferable tax credit opportunities to assisting with diligence and completing the transfer, our professionals can help you navigate any stage of the buying process. Our Transferable Tax Credits Opportunities page provides a current listing of various online and private-marketplace funds.
Preview the sample list of transferable tax credits.
Contact a Moss Adams professional to discuss the credits listed.
Whether you’re interested in buying or selling tax credits, Moss Adams can help you navigate your options. Here’s a sample of some of our advisory services:
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