Utilizing the New Market Tax Credit

The Internal Revenue Code contains various tax incentives for taxpayers willing to invest in low-income communities. IRC Section 45D provides once such incentive for taxpayers who make qualified equity investments in a selected community development entity ("CDE"). The new market credit entitles...

Utilizing the New Market Tax Credit

The Internal Revenue Code contains various tax incentives for taxpayers willing to invest in low-income communities. IRC Section 45D provides once such incentive for taxpayers who make qualified equity investments in a selected community development entity ("CDE"). The new market credit entitles...