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IRS and Treasury Issue Tax Credit Guidance for Partnerships

By Kurt Baca & Lee Kelley on December 31, 2013
Posted in Uncategorized

In what some might view as a Holiday surprise, the IRS and Treasury today released a safe harbor revenue procedure for a partnership’s allocation of historic rehabilitation tax credits.  While on its face the guidance is limited to the housing rehabilitation credit, in the absence of other guidance, it should provide important insights into the…

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