HTCC Submits Comments to IRS on 50(d) Income

October 19, 2016Category: IRS Guidance / Regulations

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

IRS Section 50(d) Regulations

July 25, 2016Category: Regulations / IRS Guidance

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

HTCC Requests CRA Eligibility for the Historic Tax Credit

January 8, 2015Category: Regulations

In response to a request for comments on the Community Reinvestment Act Interagency Questions and Answers document, the Historic Tax Credit Coalition wrote a letter endorsed by over 165 organizations and the National Park Service… Read More