Tag Archives: Internal Revenue Service

IRS To Audit Destiny USA’s Green Bonds

Yesterday was tax day.  A few unlucky souls will face the prospect of an audit in the coming months.  But for the Destiny USA project, the IRS has already announced an audit of the project’s $228 million Green Bonds.   If you need background on the Destiny USA story, I would suggest you review the e-book I … Continue Reading

The Destiny USA Debacle: May It Please the IRS

I am publishing a series of posts on the Destiny USA Debacle — the federally sponsored Green Bonds project that has failed to incorporate promised green building features.  To read all of the posts at once, you can download a PDF version now.  Or you can select the Destiny USA tag to review all of … Continue Reading

The Destiny USA Debacle: Why the IRS is the Key Player

I am publishing a series of posts on the Destiny USA Debacle — the federally sponsored Green Bonds project that has failed to incorporate promised green building features.  To read all of the posts, you can select the Destiny USA tag to review all of the published posts on this topic.  Or check back later … Continue Reading

Unprecedented Green Building Dispute Could Cost Developer $122.3 million

Up until yesterday, the biggest green building dispute I had come across was Shaw Development v. Southern Builders.  That case involved $635,000 in damages because a project did not obtain the LEED certification necessary to qualify for state tax credits.   That is chump change compared to the Destiny USA green building dispute that is … Continue Reading
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