2005 New Markets Tax Credit Handbook

Download or read book 2005 New Markets Tax Credit Handbook written by Michael J. Novogradac and published by Novogradac & Company LLP. This book was released on 2004-06-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The new markets tax credit handbook provides a thorough explanation of the NMTC program's structure and crucial terms. It describes important statutory requirements, including those of a qualified equity investment and a qualified community development entity. The handbook also discusses credit recapture and the tax credit allocation process. Finally, the new markets tax credit handbook points out various issues and uncertainties that require resolution by the Internal Revenue Service. This, the 2004 edition is the fourth published edition of this book."