Many states offer tax credits for investment in film production, historic rehabilitation 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, prices can range from $0.67 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:
If you’re interested in leveraging this opportunity, we 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, we can help you obtain a real-time market rate and better position you for a timely transaction.
There’s a powerful new tool at your fingertips—one that gives you real-time visibility into your trading options and better prepares you to make informed decisions about buying and selling transferable tax credits. The Moss Adams Tax Credit Exchange brings together buyers and sellers in a vibrant, transparent online marketplace.
The exchange offers an array of benefits:
Start trading—and benefiting—today. For more information, visit the Moss Adams Tax Credit Exchange or contact us directly.
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