REMI’s report on the impact of adjusting the Section 179D deduction, “Analysis of Proposals to Enhance and Extend the Section 179D Energy Efficient Commercial Buildings Tax Deduction,” was featured in a recent article published by Bloomberg Tax exploring the positive outcomes of renewing the incentive.
The article outlines the history and intent of Section 179D as it highlights the financial and energy savings resulting from the deduction’s implementation. REMI’s analysis of the reduction in energy consumption among both the private and public sectors caused by the energy efficient commercial buildings deduction was then used to display the total anticipated yearly savings for both the private sector and the government.
Section 179D has been renewed several times since it first appeared in legislation back in 2005, and the most recent extension in December 2019 lends further evidence to the overall effectiveness of the deduction.
You can access the Bloomberg Tax article by clicking here.
You can also access the full PDF of “Analysis of Proposals to Enhance and Extend the Section 179D Energy Efficient Commercial Buildings Tax Deduction” by clicking here.
