How Will Tax Law Changes Impact Your Commercial Customers?
Posted 10 January 2018 12:00 AM by Justin Dyke
The revised tax law effects the solar industry. Impacts of law will be wide-ranging, especially on commercial and industrial-scale systems.
Considerable attention has been paid to the corporate tax rate reduction. Commercial solar customers rely on their annual tax liability to finance a solar investment. A reduction in tax liability could influence project planning for medium and large-scale commercial installations.
In addition to the corporate tax rate changes, changes to depreciation rules will take effect in 2018. Commercial customers should check with their tax consultants to see how these changes will affect their business.