For buyers

Pay your federal tax bill for less

Transferable federal tax credits let corporate taxpayers settle liability at a discount. TCX sources the credits, runs the diligence, and manages the transaction from mandate to filing.

8–15%
Typical discount to face value
75%
Of liability offsettable per year
30–45
Days from term sheet to close
From mandate to filing

The TCX buyer advantage

We sit on your side of the table for the whole transaction — sourcing, pricing, diligence, and close.

Access to vetted supply

  • We canvass the market — and our off-market seller relationships — to surface credits that match your size, timing, and risk appetite.
  • Every opportunity is pre-screened for sponsor quality, credit type, and documentation readiness before it reaches your tax team.

Pricing and terms in your favor

  • We benchmark pricing against live comparable transactions across ITC, 45X, PTC, 45Q, 45V, and 45Z.
  • We negotiate indemnity, recapture, and insurance terms so the economics survive the fine print.

Institutional-grade diligence

  • A consolidated diligence memo covering eligibility, basis, placed-in-service, and prevailing wage and apprenticeship compliance.
  • Coordination with your tax counsel, insurer, and accounting team so nothing lands on your desk unresolved.

Risk management built in

  • Tax credit insurance placement, seller guaranties, and escrow structures matched to your internal credit policy.
  • Clear documentation of the §6418 transfer election and registration numbers for your filing file.
A clear path to close

How a purchase works

01

Define the mandate

Target credit volume, credit types, tax year, price range, and risk tolerance.

02

Source and screen

We present a curated shortlist with pricing, sponsor profile, and diligence status.

03

Term sheet

We negotiate price, payment timing, indemnities, and insurance on your behalf.

04

Diligence

Full memo delivered, questions run to ground with the seller and their advisors.

05

Close and file

Transfer agreement executed, funds flow, registration numbers delivered for filing.

Who buys credits

If you carry meaningful federal income tax liability, you can likely benefit. Credits offset up to 75% of liability in a given year, and unused amounts carry back three years or forward twenty-two.

  • Profitable C-corporations with $5M+ federal tax liability
  • Insurance companies and financial institutions
  • Family offices and closely held businesses with passive income
  • Large partnerships and S-corps at the owner level

Ready to see live credit supply?

Tell us your tax year, liability, and timing and we will come back with priced opportunities.

Get started