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May 21, 2013

Key Energy-Related Tax Provisions in the 2013 Budget Proposal

 

President Obama’s recently released budget proposal for the 2013 fiscal year contains energy-related tax provisions, including an extension of the Section 1603 grant in lieu of investment credits through 2012.

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About the Author

Associate

Madeline M. Chiampou is an associate in the law firm of McDermott Will & Emery LLP and is based in the Firm’s New York office.  Madeline focuses her practice on federal income tax matters relating to advising domestic and international clients on taxable and tax-free mergers, acquisitions and divestitures, corporate restructurings and finance transactions.

212-547-5643

About the Author

Partner

William R. Pomierski is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm's Chicago office.  Bill focuses his practice on the taxation of financial products and capital markets transactions, as well as on executive compensation matters.  

312-984-7531

Contributors

Counsel

Martha Groves Pugh is counsel in the law firm of McDermott Will & Emery LLP and is based in its Washington, D.C., office.  She focuses her practice on federal income tax issues with a particular emphasis on the nuclear and energy industries.  Marty has helped clients seek and receive many private letter rulings and has extensive experience in drafting legislative language for tax proposals. Her practice also includes tax planning for proposed transactions and advising clients on audits, appeals and litigation issues.

202-756-8368

About the Author

Partner

Philip Tingle is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm's Miami office.  Phil’s national tax practice includes representing clients in restructuring, mergers and acquisitions, and other transactional energy related matters.

305-347-6536

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