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Tuesday, June 21, 2005

Bulletin: new LIHTC revenue procedure

Just out this afternoon for owners and administrators working with federal low income housing tax credits: IRS Revenue Procedure 2005-37, providing a safe harbor for compliance with IRC Section 42(h)(6)(B)(i) restrictions during the extended use periods of tax credit projects as described in Revenue Ruling 2004-82.
To read more please refer to our Archives
(see links in right-hand column).
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