The new markets tax credit :: background, considerations and issues /
The New Markets Tax Credit (NMTC) is a non-refundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities. NMTCs are allocated by the Community Development Financial Institutions Fund (CDFI), a bureau within the United States Department of th...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York :
Nova Publishers,
[2014]
|
| Schriftenreihe: | Government procedures and operations.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The New Markets Tax Credit (NMTC) is a non-refundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities. NMTCs are allocated by the Community Development Financial Institutions Fund (CDFI), a bureau within the United States Department of the Treasury, under a competitive application process. Investors who make qualified equity investments reduce their federal income tax liability by claiming the credit. This book describes the New Markets Tax Credit Program and the major considerations banks may need to address when using the tax cred. |
| Beschreibung: | Includes index. |
| Beschreibung: | 1 online resource. |
| ISBN: | 9781634636650 1634636651 |
Internformat
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| 245 | 0 | 4 | |a The new markets tax credit : |b background, considerations and issues / |c Marlin Barrett, editor. |
| 264 | 1 | |a New York : |b Nova Publishers, |c [2014] | |
| 264 | 4 | |c ©2015 | |
| 300 | |a 1 online resource. | ||
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| 490 | 1 | |a Government procedures and operations | |
| 500 | |a Includes index. | ||
| 505 | 0 | |a THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: NEW MARKETS TAX CREDIT:AN INTRODUCTION; SUMMARY; OVERVIEW; PROGRAM COMPONENTS; NMTCINVESTMENT ACTIVITY; LEGISLATIVE DEVELOPMENTS; POLICY CONSIDERATIONS; Chapter 2: NEW MARKETS TAX CREDITS: UNLOCKING INVESTMENT POTENTIAL; ABSTRACT; I. WHAT IS THE NEW MARKETS TAX CREDIT PROGRAM?; II. WHY IS THE NMTC PROGRAM OF INTEREST TO BANKS?; III. HOW DOES THE NMTC PROGRAM WORK? | |
| 505 | 8 | |a IV. WHAT ARE THE KEY RISKSAND REGULATORY ISSUES ASSOCIATEDWITH THE NMTC PROGRAM?V. WHO IS IN THE NEW MARKETS TAX CREDITPROGRAM TODAY?; VI. HOW DOES THE COST AND PRICINGSTRUCTURE WORK?; VII. WHAT BARRIERS HAVE CONSTRAINEDTHE GROWTH OF THE NMTC PROGRAM?; CONCLUSION; APPENDIX A: CASE STUDIES; APPENDIX B:GLOSSARY OF TERMS; APPENDIX C; Chapter 3: NEW MARKETS TAX CREDIT: BETTER CONTROLS AND DATA ARE NEEDED TO ENSURE EFFECTIVENESS; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND. | |
| 505 | 8 | |a The financial structures of nmtc investmentshave become more complex and lesstransparent while treasury guidance coversonly the simpler structuresfees and retentions reduce the availablenmtc equity but lack of transparencymakes the size of the reduction uncertain; data on nmtc equity remaining in thelow-income community businesses are notsufficiently complete or accurate; cdfi fund data on distressed projects are notsufficiently reliable; conclusion; recommendations for executive action; agency comments and our evaluation; appendix i. objectives, scope, and methodology. | |
| 505 | 8 | |a APPENDIX II. OTHER FEDERAL FUNDING USED INNEW MARKETS TAX CREDIT PROJECTSAPPENDIX III. REGRESSION ANALYSIS OF TOTAL FEESAND RETENTIONS ASSOCIATED WITH CHARACTERISTICSOF THE PROJECT USING CDFI FUND DATA, 2011-2012; Chapter 4: NEW MARKETS TAX CREDIT: THE CREDIT HELPS FUND A VARIETY OF PROJECTS IN LOW-INCOME COMMUNITIES, BUT COULD BE SIMPLIFIED; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; CDES MADE NMTC INVESTMENTS, WHICH GENERALLYFILL GAPS IN PROJECT FINANCING, IN ALL 50 STATES, PRIMARILY INVESTING IN REAL ESTATE. | |
| 505 | 8 | |a According to cde representatives, cdes offernmtc financing terms that benefit low-incomecommunity businesses current marketconditions present challenges and nmtcfinancing could be simplified; cdes use nmtcs for a range of purposes withoutcomes that can be difficult to measure andvary depending on the project; irs and the cdfi fund have establishedprocesses that will allow them to betterassess nmtc compliance; conclusion; matter for congressional consideration; recommendations for executive action; agency comments and our evaluation; appendix i: objectives, scope, and methodology. | |
| 520 | |a The New Markets Tax Credit (NMTC) is a non-refundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities. NMTCs are allocated by the Community Development Financial Institutions Fund (CDFI), a bureau within the United States Department of the Treasury, under a competitive application process. Investors who make qualified equity investments reduce their federal income tax liability by claiming the credit. This book describes the New Markets Tax Credit Program and the major considerations banks may need to address when using the tax cred. | ||
| 650 | 0 | |a Tax credits |z United States. | |
| 650 | 0 | |a Community development |z United States |x Finance. | |
| 650 | 0 | |a Capital investments |z United States. | |
| 650 | 6 | |a Crédit d'impôt |z États-Unis. | |
| 650 | 6 | |a Développement communautaire |z États-Unis |x Finances. | |
| 650 | 6 | |a Investissements de capitaux |z États-Unis. | |
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| 700 | 1 | |a Barrett, Marlin, |e editor. | |
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| 776 | 0 | 8 | |i Print version: |a Barrett, Marlin. |t New Markets Tax Credit : Background, Considerations and Issues. |d Hauppauge : Nova Science Publishers, Inc., ©2014 |z 9781634636445 |
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Datensatz im Suchindex
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| bvnumber | localFWS |
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| contents | THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: NEW MARKETS TAX CREDIT:AN INTRODUCTION; SUMMARY; OVERVIEW; PROGRAM COMPONENTS; NMTCINVESTMENT ACTIVITY; LEGISLATIVE DEVELOPMENTS; POLICY CONSIDERATIONS; Chapter 2: NEW MARKETS TAX CREDITS: UNLOCKING INVESTMENT POTENTIAL; ABSTRACT; I. WHAT IS THE NEW MARKETS TAX CREDIT PROGRAM?; II. WHY IS THE NMTC PROGRAM OF INTEREST TO BANKS?; III. HOW DOES THE NMTC PROGRAM WORK? IV. WHAT ARE THE KEY RISKSAND REGULATORY ISSUES ASSOCIATEDWITH THE NMTC PROGRAM?V. WHO IS IN THE NEW MARKETS TAX CREDITPROGRAM TODAY?; VI. HOW DOES THE COST AND PRICINGSTRUCTURE WORK?; VII. WHAT BARRIERS HAVE CONSTRAINEDTHE GROWTH OF THE NMTC PROGRAM?; CONCLUSION; APPENDIX A: CASE STUDIES; APPENDIX B:GLOSSARY OF TERMS; APPENDIX C; Chapter 3: NEW MARKETS TAX CREDIT: BETTER CONTROLS AND DATA ARE NEEDED TO ENSURE EFFECTIVENESS; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND. The financial structures of nmtc investmentshave become more complex and lesstransparent while treasury guidance coversonly the simpler structuresfees and retentions reduce the availablenmtc equity but lack of transparencymakes the size of the reduction uncertain; data on nmtc equity remaining in thelow-income community businesses are notsufficiently complete or accurate; cdfi fund data on distressed projects are notsufficiently reliable; conclusion; recommendations for executive action; agency comments and our evaluation; appendix i. objectives, scope, and methodology. APPENDIX II. OTHER FEDERAL FUNDING USED INNEW MARKETS TAX CREDIT PROJECTSAPPENDIX III. REGRESSION ANALYSIS OF TOTAL FEESAND RETENTIONS ASSOCIATED WITH CHARACTERISTICSOF THE PROJECT USING CDFI FUND DATA, 2011-2012; Chapter 4: NEW MARKETS TAX CREDIT: THE CREDIT HELPS FUND A VARIETY OF PROJECTS IN LOW-INCOME COMMUNITIES, BUT COULD BE SIMPLIFIED; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; CDES MADE NMTC INVESTMENTS, WHICH GENERALLYFILL GAPS IN PROJECT FINANCING, IN ALL 50 STATES, PRIMARILY INVESTING IN REAL ESTATE. According to cde representatives, cdes offernmtc financing terms that benefit low-incomecommunity businesses current marketconditions present challenges and nmtcfinancing could be simplified; cdes use nmtcs for a range of purposes withoutcomes that can be difficult to measure andvary depending on the project; irs and the cdfi fund have establishedprocesses that will allow them to betterassess nmtc compliance; conclusion; matter for congressional consideration; recommendations for executive action; agency comments and our evaluation; appendix i: objectives, scope, and methodology. |
| ctrlnum | (OCoLC)898475415 |
| dewey-full | 336.24216 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 336 - Public finance |
| dewey-raw | 336.24216 |
| dewey-search | 336.24216 |
| dewey-sort | 3336.24216 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2024-11-26T14:49:17Z |
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| series | Government procedures and operations. |
| series2 | Government procedures and operations |
| spelling | The new markets tax credit : background, considerations and issues / Marlin Barrett, editor. New York : Nova Publishers, [2014] ©2015 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier Government procedures and operations Includes index. THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: NEW MARKETS TAX CREDIT:AN INTRODUCTION; SUMMARY; OVERVIEW; PROGRAM COMPONENTS; NMTCINVESTMENT ACTIVITY; LEGISLATIVE DEVELOPMENTS; POLICY CONSIDERATIONS; Chapter 2: NEW MARKETS TAX CREDITS: UNLOCKING INVESTMENT POTENTIAL; ABSTRACT; I. WHAT IS THE NEW MARKETS TAX CREDIT PROGRAM?; II. WHY IS THE NMTC PROGRAM OF INTEREST TO BANKS?; III. HOW DOES THE NMTC PROGRAM WORK? IV. WHAT ARE THE KEY RISKSAND REGULATORY ISSUES ASSOCIATEDWITH THE NMTC PROGRAM?V. WHO IS IN THE NEW MARKETS TAX CREDITPROGRAM TODAY?; VI. HOW DOES THE COST AND PRICINGSTRUCTURE WORK?; VII. WHAT BARRIERS HAVE CONSTRAINEDTHE GROWTH OF THE NMTC PROGRAM?; CONCLUSION; APPENDIX A: CASE STUDIES; APPENDIX B:GLOSSARY OF TERMS; APPENDIX C; Chapter 3: NEW MARKETS TAX CREDIT: BETTER CONTROLS AND DATA ARE NEEDED TO ENSURE EFFECTIVENESS; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND. The financial structures of nmtc investmentshave become more complex and lesstransparent while treasury guidance coversonly the simpler structuresfees and retentions reduce the availablenmtc equity but lack of transparencymakes the size of the reduction uncertain; data on nmtc equity remaining in thelow-income community businesses are notsufficiently complete or accurate; cdfi fund data on distressed projects are notsufficiently reliable; conclusion; recommendations for executive action; agency comments and our evaluation; appendix i. objectives, scope, and methodology. APPENDIX II. OTHER FEDERAL FUNDING USED INNEW MARKETS TAX CREDIT PROJECTSAPPENDIX III. REGRESSION ANALYSIS OF TOTAL FEESAND RETENTIONS ASSOCIATED WITH CHARACTERISTICSOF THE PROJECT USING CDFI FUND DATA, 2011-2012; Chapter 4: NEW MARKETS TAX CREDIT: THE CREDIT HELPS FUND A VARIETY OF PROJECTS IN LOW-INCOME COMMUNITIES, BUT COULD BE SIMPLIFIED; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; CDES MADE NMTC INVESTMENTS, WHICH GENERALLYFILL GAPS IN PROJECT FINANCING, IN ALL 50 STATES, PRIMARILY INVESTING IN REAL ESTATE. According to cde representatives, cdes offernmtc financing terms that benefit low-incomecommunity businesses current marketconditions present challenges and nmtcfinancing could be simplified; cdes use nmtcs for a range of purposes withoutcomes that can be difficult to measure andvary depending on the project; irs and the cdfi fund have establishedprocesses that will allow them to betterassess nmtc compliance; conclusion; matter for congressional consideration; recommendations for executive action; agency comments and our evaluation; appendix i: objectives, scope, and methodology. The New Markets Tax Credit (NMTC) is a non-refundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities. NMTCs are allocated by the Community Development Financial Institutions Fund (CDFI), a bureau within the United States Department of the Treasury, under a competitive application process. Investors who make qualified equity investments reduce their federal income tax liability by claiming the credit. This book describes the New Markets Tax Credit Program and the major considerations banks may need to address when using the tax cred. Tax credits United States. Community development United States Finance. Capital investments United States. Crédit d'impôt États-Unis. Développement communautaire États-Unis Finances. Investissements de capitaux États-Unis. BUSINESS & ECONOMICS Public Finance. bisacsh Capital investments fast Community development Finance fast Tax credits fast United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Barrett, Marlin, editor. has work: The new markets tax credit (Text) https://id.oclc.org/worldcat/entity/E39PCY3ggcfwQxrHhFXg6fTQWP https://id.oclc.org/worldcat/ontology/hasWork Print version: Barrett, Marlin. New Markets Tax Credit : Background, Considerations and Issues. Hauppauge : Nova Science Publishers, Inc., ©2014 9781634636445 Government procedures and operations. http://id.loc.gov/authorities/names/no2012008976 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=929630 Volltext |
| spellingShingle | The new markets tax credit : background, considerations and issues / Government procedures and operations. THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; THE NEW MARKETS TAX CREDIT: BACKGROUND, CONSIDERATIONS AND ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: NEW MARKETS TAX CREDIT:AN INTRODUCTION; SUMMARY; OVERVIEW; PROGRAM COMPONENTS; NMTCINVESTMENT ACTIVITY; LEGISLATIVE DEVELOPMENTS; POLICY CONSIDERATIONS; Chapter 2: NEW MARKETS TAX CREDITS: UNLOCKING INVESTMENT POTENTIAL; ABSTRACT; I. WHAT IS THE NEW MARKETS TAX CREDIT PROGRAM?; II. WHY IS THE NMTC PROGRAM OF INTEREST TO BANKS?; III. HOW DOES THE NMTC PROGRAM WORK? IV. WHAT ARE THE KEY RISKSAND REGULATORY ISSUES ASSOCIATEDWITH THE NMTC PROGRAM?V. WHO IS IN THE NEW MARKETS TAX CREDITPROGRAM TODAY?; VI. HOW DOES THE COST AND PRICINGSTRUCTURE WORK?; VII. WHAT BARRIERS HAVE CONSTRAINEDTHE GROWTH OF THE NMTC PROGRAM?; CONCLUSION; APPENDIX A: CASE STUDIES; APPENDIX B:GLOSSARY OF TERMS; APPENDIX C; Chapter 3: NEW MARKETS TAX CREDIT: BETTER CONTROLS AND DATA ARE NEEDED TO ENSURE EFFECTIVENESS; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND. The financial structures of nmtc investmentshave become more complex and lesstransparent while treasury guidance coversonly the simpler structuresfees and retentions reduce the availablenmtc equity but lack of transparencymakes the size of the reduction uncertain; data on nmtc equity remaining in thelow-income community businesses are notsufficiently complete or accurate; cdfi fund data on distressed projects are notsufficiently reliable; conclusion; recommendations for executive action; agency comments and our evaluation; appendix i. objectives, scope, and methodology. APPENDIX II. OTHER FEDERAL FUNDING USED INNEW MARKETS TAX CREDIT PROJECTSAPPENDIX III. REGRESSION ANALYSIS OF TOTAL FEESAND RETENTIONS ASSOCIATED WITH CHARACTERISTICSOF THE PROJECT USING CDFI FUND DATA, 2011-2012; Chapter 4: NEW MARKETS TAX CREDIT: THE CREDIT HELPS FUND A VARIETY OF PROJECTS IN LOW-INCOME COMMUNITIES, BUT COULD BE SIMPLIFIED; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; CDES MADE NMTC INVESTMENTS, WHICH GENERALLYFILL GAPS IN PROJECT FINANCING, IN ALL 50 STATES, PRIMARILY INVESTING IN REAL ESTATE. According to cde representatives, cdes offernmtc financing terms that benefit low-incomecommunity businesses current marketconditions present challenges and nmtcfinancing could be simplified; cdes use nmtcs for a range of purposes withoutcomes that can be difficult to measure andvary depending on the project; irs and the cdfi fund have establishedprocesses that will allow them to betterassess nmtc compliance; conclusion; matter for congressional consideration; recommendations for executive action; agency comments and our evaluation; appendix i: objectives, scope, and methodology. Tax credits United States. Community development United States Finance. Capital investments United States. Crédit d'impôt États-Unis. Développement communautaire États-Unis Finances. Investissements de capitaux États-Unis. BUSINESS & ECONOMICS Public Finance. bisacsh Capital investments fast Community development Finance fast Tax credits fast |
| title | The new markets tax credit : background, considerations and issues / |
| title_auth | The new markets tax credit : background, considerations and issues / |
| title_exact_search | The new markets tax credit : background, considerations and issues / |
| title_full | The new markets tax credit : background, considerations and issues / Marlin Barrett, editor. |
| title_fullStr | The new markets tax credit : background, considerations and issues / Marlin Barrett, editor. |
| title_full_unstemmed | The new markets tax credit : background, considerations and issues / Marlin Barrett, editor. |
| title_short | The new markets tax credit : |
| title_sort | new markets tax credit background considerations and issues |
| title_sub | background, considerations and issues / |
| topic | Tax credits United States. Community development United States Finance. Capital investments United States. Crédit d'impôt États-Unis. Développement communautaire États-Unis Finances. Investissements de capitaux États-Unis. BUSINESS & ECONOMICS Public Finance. bisacsh Capital investments fast Community development Finance fast Tax credits fast |
| topic_facet | Tax credits United States. Community development United States Finance. Capital investments United States. Crédit d'impôt États-Unis. Développement communautaire États-Unis Finances. Investissements de capitaux États-Unis. BUSINESS & ECONOMICS Public Finance. Capital investments Community development Finance Tax credits United States |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=929630 |
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