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Tax
Deductions for Commercial Buildings:
A tax deduction of up to $1.80 per square foot is available
to owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of
a building that meets ASHRAE Standard 90.1-2001. Partial deductions of up to $.60 per square foot can be taken for measures
affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems. These tax deductions
are available for systems placed in service from January 1, 2006 through December 31, 2013.
Take the ENERGY STAR Challenge to
find the best opportunities for energy savings, set goals for improvement, and achieve superior energy efficiency.
IRS
Notice 2006-52 (6/2/2006) provides guidance on deduction for energy efficient
commercial buildings. IRS Notice 2008-40 (4/7/2008) - Amplification of Notice
2006-52 Qualified Software for Calculating Energy Savings Commercial Building
Tax Deduction Coalition |
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