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Source: Mitch Kokai, NC POLITICAL NEWS, 10/8/21
The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state's top administrative law judge rejected the department's attempt to deny credits to a renewable energy investor. The decision from Chief Administrative Law Judge Donald van der Vaart arrived Sept. 23 in a case pitting Integon National Insurance Company against the Revenue Department. Integon had claimed a $1.8 million tax credit in 2016 for investments in renewable energy property. In 2020, after an audit, the Revenue Department disallowed the credit.
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