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Tax-Exempt Financing Services
Most recycle mill projects can qualify for tax-exempt financing. This can come in the form of Industrial Revenue Bonds or other financing instruments. This type of
below-market financing is applicable to complete mill projects as well as stock preparation/deinking work, paper machine additions/modifications, and mill acquisitions.
The Internal Revenue Service requires verification of the tax-exempt status of a recycle paper project in order to qualify for this type of financing. Moore & Associates has performed the following services, independently verifying the tax-exempt status of a number of recycle paper mill projects:
- Qualification of the raw material as a "solid waste stream"
- Recovered paper supply plan assuring 65% of the recovered paper supply has "no market value"
- Assurance of sufficient regional recovered paper supply
- A market price analysis verifying the "no market value" supply
- Written report documenting the tax-exempt status verification
- Final market analysis letter prior to financial closing
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