Friday, February 7, 2014

Regulation Posted on Historic Tax Credits

The Division of Taxation today posted, as final, a regulation about historic preservation tax credits. The regulation is intended to provide guidance to practitioners, developers, and others about the credit program.

Shortly after the program was established through legislation enacted in July 2013, the Division of Taxation posted an emergency regulation.

The final regulation will be effective on February 27, which is when the emergency regulation expires. Click here to view the final reg.

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