Synergy Dairy and CH4 Biogas to Launch New York State’s Largest On-Farm Co-Digestion Biogas Project Estimated to Power 1,000 Homes

State’s Largest On-Farm Biogas-to-Energy Project and First On-Farm Facility Specifically Designed for Co-Digestion to Help Reduce Dairy’s Greenhouse Gas Emissions

WHAT:		U.S. Sen. Charles Schumer (D-N.Y.) will join state and local officials at the grand opening of New York State’s largest on-farm biogas-to-energy project and first on-farm facility specifically designed for “co-digestion,” the latest boost to the state’s renewable energy production and sustainability efforts. The facility is located at Synergy Dairy, a 2,000-head dairy farm in Covington, Wyoming County, approximately 50 miles from both Rochester and Buffalo. To attend, please register at:http://www.cvent.com/d/vcqptk/1Q

WHEN:		Tuesday, May 1, 2012
		10:00 a.m. – 11:00 a.m.

WHERE:		Synergy Biogas
		6466 Lemley Rd.
		Covington, N.Y. 14591

WHO:		Charles Schumer, United States Senator (D-NY)
		Kenneth Daly, National Grid President of New York
		Roger George, General Manager-North America, GE’s Gas Engines Business
		Frank Murray, President and CEO, New York State Energy Research and Development Authority
		Darrel Aubertine, Commissioner, New York State Department of Agriculture & Markets
		Curt Gooch, Senior Extension Associate, PRO-DAIRY Program, Cornell University
		Thomas A. Trabold, Associate Professor, Golisano Institute for Sustainability, Rochester Institute of Technology
		*Welcome remarks, presentations, and interviews*

WHY:		CH4 Biogas LLC built, owns, and operates the project under the name Synergy Biogas LLC. The Synergy Biogas LLC plant is New York State’s first on-farm biogas facility specifically designed for co-digestion that recycles both animal and food wastes. The resulting biogas is fueling a GE (NYSE: GE) ecomagination-qualified, Jenbacher J420 biogas engine to generate 1.4 megawatts of renewable electricity estimated to power 1,000 homes.

Source: CH4 Biogas , (BUSINESS WIRE)GE (NYSE:GE)

Legal Opportunity Regarding Assets Tax.

Mondaq Business Briefing January 24, 2007 | Enriquez-Mariscal, Alejandro Among the tax reforms approved for 2007, there are some in the matter of Tax on Assets that will surely have a negative impact on companies. Such reforms became effective on January 1, 2007. These reforms are basically as follows: go to website estimated tax payments

The possibility to deduct any contracted debts from the value of assets during the same fiscal year is removed.

Taxpayers who, in the past, chose to determine the Tax on Assets in terms of article 5-A of the Tax on Assets Law in force until fiscal year 2006 will have to calculate the tax for tax years 2007 through 2010 without deducting any debts from the value of assets for the fiscal year.

The estimated tax payments for fiscal year 2007 will be calculated considering the tax for the next preceding fiscal year, without taking into account any deductions for debts corresponding to that fiscal year. As of 2008, all estimated tax payments will be calculated considering the tax for the next preceding fiscal year (obviously, without deducting any contracted debts).

In our opinion, the elimination of the possibility to deduct any contracted debts from the value of assets for purposes of calculation of the assets tax violates the constitutional principles that should be observed by all taxes, that is, in our opinion, it is unconstitutional. We have the same opinion in connection with the calculation of estimated tax payments.

The amendment regarding the calculation of the tax for fiscal years 2007 through 2010 (without deducting any debts from the value of the assets during the fiscal year in question) is also unconstitutional for those taxpayers who, in the past, chose to determine their Tax on Assets in terms of article 5-A of the Tax on Assets Law in effect until fiscal year 2006. site estimated tax payments

The corresponding laws should be contested through amparo actions, which should be filed by each company that may be affected by such laws in an individual manner. The consequences of a favorable resolution in an amparo action might be, for example, in the case of the exclusion of the possibility to deduct contracted debts, to be able to deduct them from the value of the assets; in the case of the estimated tax payments, would be to calculate them by deducting the contracted debts from the tax calculation for the fiscal year in question; in the case of taxpayers who chose in the past to determine the Assets Tax in terms of article 5-A of the Aseets Tax Law in effect until fiscal year 2006, the effect would be to carry on the application of this last procedure.

We propose, in general terms, that the petition for the corresponding amparo action be filed within 30 business days following the effective date of the laws mentioned above (which expires on February 12, 2007), and within 15 business days following the first application; that is, the filing of the estimated tax payment corresponding to January 2007. However, an analysis on a case-by-case basis should be done to determine precisely the foregoing.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mr Alejandro Enriquez-Mariscal Baker & McKenzie P. T. de la Republica 3304 Piso 2, Ju[sz]rez Chihuahua 32330 MEXICO Click Here for related articles Enriquez-Mariscal, Alejandro