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Taxation & Estate Planning

: TaxProf Blog

GAO Issues Report on New Markets Tax Credit

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The Government Accountability Office yesterday released New Markets Tax Credit: The Credit Helps Fund a Variety of Projects in Low-Income Communities, but Could Be Simplified (GAO-10-334): The Treasury Department?s Community Development Financial Institutions (CDFI) Fund awarded $26 billion in New Markets Tax Credits (NMTC) through 2009 for investment in low-income...

Full post as published by TaxProf Blog on January 30, 2010 (boomark / email).

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