Tax Credits & Renewables
Date & Time
Thursday, November 4, 2021, 3:30 PM - 5:00 PM
Gopika Parikh Michael Bernier

Most banks invest in monetizable tax credits for various reasons including regulatory requirements, managing effective tax rate, receiving a better return for cash on hand, and ESG considerations.  Over the years these efforts have grown, and it is not uncommon to see banks investing hundreds of millions if not more than a billion dollars a year into tax credits.  In addition, recent events have introduced new programs, and rethinking the future of work has impacted how and when investing occurs.