Massachusetts State Auditor Issues Report Concerning The Impact of Solar Taxation Policies on Municipalities | Foley Hoag LLP - Energy and Cleantech Counsel
Solar facility PILOT agreements do not always reflect the full tax value of solar equipment. State laws and guidelines governing the taxation of solar equipment are outdated and lack clarity PILOT agreements have increased in importance as developers seek tax exemptions for facilities. Uncertainty is contributing to a slowdown in development of solar facilities in the Commonwealth. DLM Recommendations Clarify the solar property tax exemption through legislative action. Clarify the tax status of solar facilities that may not be eligible to participate in PILOTS. Establish additional guidelines...
Source: jdsupra.com