Advocacy

HTCC Submits Comments to IRS on 50(d) Income

October 19, 2016Category: /

Today,  the Historic Tax Credit Coalition submitted comments to the Internal Revenue Service on “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property.”  The Proposed Rule document issued by the IRS dealt specifically with 50(d) income. For your convenience, the request for comment on the Proposed Temporary Regulations under 50(d) may be found below. The Coalition’s… Read More » Read More

Historic Tax Credit Impact Maps Released

October 13, 2016Category:

The Historic Tax Credit Coalition and the National Trust for Historic Preservation have developed a series of maps that may be utilized when explaining the impact of the Federal Historic Tax Credit Program. These maps and project lists depict Federal Historic Tax Credit projects that received Part 3 certifications from the National Park Service (NPS) between the… Read More » Read More

HTCC Advocacy Document

July 25, 2016Category:

Help spread the word about a national nonprofit organization comprised of stakeholders who recognize the importance of the federal Historic Tax Credit (HTC) as an economic development tool. This background document provides information about HTCC in order to: Educate lawmakers and regulators, Inform industry stakeholders about the Coalition, and Introduce interested persons to the value… Read More » Read More

IRS Section 50(d) Regulations

July 25, 2016Category: /

On July 22, 2016 the Internal Revenue Service (IRS) published in the Federal Register a Temporary Regulation dealing with so-called Section 50(d) income generated by the Master Tenant legal structure.  The Regulation is called “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property” and can be found here. The Regulation does three things: 1.)… Read More » Read More

Historic Tax Credit Advocacy During Summer Recess Urgently Needed

July 19, 2016Category:

The Historic Tax Credit (HTC) is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250  buildings — all while generating enough in federal taxes to pay for itself.  Unfortunately, this credit is in danger. The Republican… Read More » Read More

HTCC Submits Comments to IRS on 50(d) Income

October 19, 2016Category: /

Today,  the Historic Tax Credit Coalition submitted comments to the Internal Revenue Service on “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property.”  The Proposed Rule document issued by the IRS dealt specifically with 50(d) income. For your convenience, the request for comment on the Proposed Temporary Regulations under 50(d) may be found below. The Coalition’s… Read More » Read More

Historic Tax Credit Impact Maps Released

October 13, 2016Category:

The Historic Tax Credit Coalition and the National Trust for Historic Preservation have developed a series of maps that may be utilized when explaining the impact of the Federal Historic Tax Credit Program. These maps and project lists depict Federal Historic Tax Credit projects that received Part 3 certifications from the National Park Service (NPS) between the… Read More » Read More

HTCC Advocacy Document

July 25, 2016Category:

Help spread the word about a national nonprofit organization comprised of stakeholders who recognize the importance of the federal Historic Tax Credit (HTC) as an economic development tool. This background document provides information about HTCC in order to: Educate lawmakers and regulators, Inform industry stakeholders about the Coalition, and Introduce interested persons to the value… Read More » Read More

IRS Section 50(d) Regulations

July 25, 2016Category: /

On July 22, 2016 the Internal Revenue Service (IRS) published in the Federal Register a Temporary Regulation dealing with so-called Section 50(d) income generated by the Master Tenant legal structure.  The Regulation is called “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property” and can be found here. The Regulation does three things: 1.)… Read More » Read More

Historic Tax Credit Advocacy During Summer Recess Urgently Needed

July 19, 2016Category:

The Historic Tax Credit (HTC) is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250  buildings — all while generating enough in federal taxes to pay for itself.  Unfortunately, this credit is in danger. The Republican… Read More » Read More