03.01.2017 Depreciation of wind turbines not before transfer of risk Tax depreciation for wind turbines presupposes economic ownership of the asset. A change in economic ownership requires that any risks are transferred to the purchaser/customer. Categories: Supreme Tax Court casesKeywords: wind farm, wind turbine, depreciation, e ...
01.06.2011 Wind farm installations do not outlive turbines The Supreme Tax Court has held that each turbine on a wind farm is a separate asset, as are the cables and grid substation, and the access ways, but depreciation periods are limited to that of the turbines. Categories: Supreme Tax Court casesKeywords: wind farm, wind turbine
