Sustainability credits: Buying and selling explained has been saved
Podcast
Sustainability credits: Buying and selling explained
Part of the Tax News & Views podcast series
Introduced in the Inflation Reduction Act, companies can now buy and sell unused sustainability credits to reduce tax costs. But how does it all work? Listen in to this deep dive with Deloitte Credits and Incentives specialists on the art of reducing tax costs through credit trading.
Sustainability credits: Buying and selling explained
Tax credits took a remarkable turn after credit trading was introduced in 2022. Despite the excitement and potential benefits for organizations, there are notable risks involved that leaders need to know about. In this episode, host Carrie Falkenhayn sits down with Deloitte Credits and Incentives specialists Ben Bissonette and Jessica Zoine to discuss the complexities of purchasing tax credits, the potential for tax cost reduction, and the ways companies can mitigate risk during the process:
There are a few risks, many of them are manageable or mitigatable. What’s really important is having internal expertise in this area. Hiring tax advisers and legal counsel who can help you through this transaction is critical.
—Ben Bissonette
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