Parsons Behle & Latimer's Tax practice team counsels clients engaged in the development, operation, management and transfer of real property assets and improvements and the associated tax complications of these fixed assets.
Our advice focuses on planning and management of income to identify tax opportunities that help unlock equity for project development and optimize the character of project returns. This includes counsel on 1031 exchanges and state and local tax excise tax issues (sales and use).
Key ContactsView the full team
Facilitated Deal to Install Largest Solar Array in Montana
Represented SAROC Energy, LLC in a first-of-its-kind deal in Montana with third-party financing between SAROC Energy and Missoula County to design and install a $450,000 solar array - the largest behind-the-meter array currently known in Montana. The deal provides SAROC Energy, LLC to benefit from tax advantages the county cannot while the county is enabled to install an energy-saving system without a major initial investment. Full press release.
Environmental, Social and Governance (ESG) Project
Assisted on an environmental, social and governance (ESG) project for the San Juan County Clean Energy Foundation LLC to establish a fund designed to contribute to the near communities.
Transactions and Compliance for Multiple Solar Projects
Represented buyer in a transaction for the acquisition of multiple utility scale solar projects in varying stages of development, involving private, state and Bureau of Land Management (BLM) land. Performed due diligence; contract and agreement work. Since acquisition, conducted permitting, land acquisition, environmental, title, tax and other work including securing bona fide prospective purchaser protections that involved Brownfields property; EPA support in obtaining a Ready for Reuse determination.
Tax Credit Finance and Opportunity Zones
Parsons Behle & Latimer is a recognized leader in structuring investments in the context of opportunity zone incentive. We counsel project developers about how to monetize tax credits and utilize coordinated entity structures to match taxation to the project’s development cycle.
Implications of the Inflation Reduction Act for the Natural Resource Sector: How Resulting Tax Incentives and Fees Could Affect Your Business
Superfund Chemical Excise Taxes Restored and Expanded by Jobs Act
Parsons Behle & Latimer Attorney Facilitates Unique Montana Deal to Provide Largest Solar Array in Montana for Missoula County Detention Center