MA – Excise Tax Deduction for Solar- or Wind-Powered Systems

Title: Excise Tax Deduction for Solar or Wind-Powered Systems Corporate Deduction in Massachusetts

Details:

The Excise Tax Deduction for Solar or Wind-Powered Systems Corporate Deduction is a Commercial and Industrial program for those who have energy efficient improvements made with the following: Wind, Solar Water Heat, Solar Thermal Process Heat, and Solar Space Heat. The program offers up a 100% excise tax deduction. The following legislation setup this program: MGL ch. 63, § 38H. For more details use the following links and contact below:

http://www.mass.gov/?pageID=dorterminal&L=4&L0=Home&L1=Businesses&L2=Current+Tax+Year+Information&L3=Guide+to+Corporate+Excise+Tax&sid=Ador&b=terminalcontent&f=dor_help_guides_abate_amend_corporate_issues_deductions&csid=Ador#solar

http://www.mass.gov/bb/h1/fy10h1/tax10/htaxexpcorptext.htm

Contact for more information:

Tax Information
Massachusetts Department of Revenue
P.O. Box 701
Boston, MA 02204
Phone: (800) 392-6089
Web Site: http://www.dor.state.ma.us