New York

Department of Taxation and Finance posts draft standardized tax assessment methodology for solar and wind projects; seeks comments due October 1

As discussed in Special Flash Update 21-13.2, the FY 2022 Enacted State Budget directed the Department of Taxation and Finance (DTF) to develop a standard tax assessment methodology for wind and solar projects 1 MW and over. The standard methodology must utilize discount rates updated annually, and an appraisal model developed in consultation with New York State …

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