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Learn moreAccounting considerations when evaluating the impact of tax credits generated by pass-through entities
Recent legislation has introduced or modified several tax credits available to entities in the United States, including introducing both refundable and nonrefundable, transferable credits at the federal level for the first time. Pass-through entities, such as entities taxed as partnerships, are one of the more popular methods to structure projects that generate tax credits.
Read a March 2024 report [PDF 319 KB] prepared by KPMG LLP that summarizes certain accounting considerations entities should keep in mind when evaluating the impact of tax credits generated by pass-through entities.
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