Can expenditures for assessment or monitoring inside a building qualify for the Brownfields Tax Incentive?
A18: These expenditures may qualify for the Brownfields Tax Incentive if the costs can be characterized as environmental remediation costs and were used in connection with the abatement or control of a release or a threat of release of a hazardous substance. However, see Question/Answer #16 regarding limitations on expenditures associated with indoor contamination.
Related Questions
- Do costs for site assessment and investigation activities qualify as remediation expenditures under the Brownfields Tax Incentive?
- Can the expenditures from the removal of asbestos or lead from a building be deducted under the Brownfields Tax Incentive?
- Can expenditures for assessment or monitoring inside a building qualify for the Brownfields Tax Incentive?
