Transcription of New Markets Tax Credit - IRS tax forms
{{id}} {{{paragraph}}}
Under no circumstances should the contents of this guide be used or cited as authority for setting or sustaining a technical position. IRS Department of the Treasury Internal Revenue Service LMSB-04-0510-016 (May 2010)Internal Revenue Service New Markets Tax Credit Internal Revenue Service Mission Provide America s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all. Department of the Treasury Internal Revenue Service Document Catalog Number Ten Core Ethical Principles * Honesty Integrity/Principled Promise-Keeping Loyalty Fairness Caring and Concern for Others Respect for Others Civic Duty Pursuit of Excellence Personal Responsibility/Accountability The Five Principles of Public Service Ethics * Public Interest Objective Judgment Accountability Democratic Leadership Respectability * Used by permission of the Michael and Edna Josephson Institute of Ethics LMSB-04-0510-016 (May 2010) iContents Chapter 1: Introduction to the New Markets Tax Credit 1.
Qualified Equity Investment (QEI) Defined . The actual cash investment made by the investor to the CDE, which is referred to as the equity investment, is the first step in defining a QEI. This cash investment eventually qualifies for the NMTC provided that the CDE makes qualified low-income community investments (QLICIs).
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}