Jan. 4, 2006: Web Site Explains New Energy Efficiency Tax Incentive
ROSSLYN, Va. - The Commercial Building Tax Deduction section of the Energy Policy Act of 2005, signed in August 2005, established as of Jan. 1, 2006 a new deduction for expenses incurred for energy-efficient commercial building property. The Commercial Building Tax Deduction Coalition has set up a new Web site at www.efficientbuildings.org to provide information and guidance on how the new tax incentive works.
In addition to educating the building community about the commercial building tax deduction provision, the main objectives of the Web site are to promote the provision's proper implementation and use, and keep the building community informed about the activities of the coalition.