New Markets Tax Credit means the “new markets tax credit” allowed pursuant to Section 45D of the Code.

New Markets Tax Credit means New Markets Tax Credits as described under section 45D of the United States Internal Revenue Code for Sellers that select box (c), New Markets Tax Credit, under Section 1.11.

New Markets Tax Credit or "NMTC" means tax credits that arise out of 26 U.S.C. 45D (Internal Revenue Code) and related regulations;

Examples of New Markets Tax Credit in a sentence

Such inspections and/or audits may also be conducted to investigate a taxpayer’s claim for a New Markets Tax Credit, including a potential event of recapture pursuant to IRC § 45D(g) and 26 C.F.R. 1.45D-1(e)(2).
Such inspections and/or audits may also be conducted to investigate a taxpayer’s claim for a New Markets Tax Credit, including a potential event of recapture pursuant to IRC § 45D(g) and 26 C.F.R. Part 1.45D- 1(e)(2).
ACT (American Communities Trust) has sourced and expended $10.5 million into the $27 million project to date and includes approximately $2.5 million of New Markets Tax Credit equity and approximately $2 million of historic tax credits (state and federal).
It was funded through a $10.5 million New Markets Tax Credit project with significant state and city support, and was completed in 2018.
This Notice of Allocation signifies that the CDFI Fund has selected the allocation recipient (Allocatee) for the commitment of an allocation of tax credit authority pursuant to the New Markets Tax Credit Program (NMTC), based on the eligibility criteria, an evaluation of the Allocatee's allocation application, and subject to the availability of credit authority.

More Definitions of New Markets Tax Credit

New Markets Tax Credit means tax credits that arise out of 26

New Markets Tax Credit means a state new

New Markets Tax Credit or “NMTC” means the new markets tax credit provided for in Section 45D of the Code.

New Markets Tax Credit shall have the meaning set forth in the Recitals to this Agreement.

New Markets Tax Credit or "NMTC" means tax credits that arise out of 26 U.S.C. 45D

New Markets Tax Credit means tax credits which arise out of

New Markets Tax Credit means the “new markets tax credit” program permitted pursuant to Section 45D of the Code.