The New Markets Tax Credit: Providing Economic Stimulus to Low-Income Communities
1 PM GMT
Section 45D of the Internal Revenue Code authorizes the issuance of the New Markets Tax Credit. The law provides a credit of 39% of the capital invested in certain “qualified community development entities” whose primary missions include serving, or providing investment capital to low-income communities or low-income individuals. This panel will discuss the structure of investments in qualified community development entities, the requirements to qualify for the new markets tax credit, the economics associated with this program, and the tax issues encountered when the credit is claimed.
Alfred Bae, EY, Houston, TX
Kristin DeKuiper, Holland & Knight LLP, Boston, MA
Christin Petroski, Holland & Knight LLP, Orlando, FL
Julie Treppa, Coblentz Patch Duffy & Bass, San Francisco, CA
PLEASE NOTE: To receive CLE credit, each individual attendee must be logged into the webinar interface for the ENTIRE program (including the Q&A). Partial credit is not available for this program. Please see the CLE Informaton page for more details.
$75 for Section of Taxation Members
$150 ABA Member*
$125 Young Lawyers
$125 Government / Academic / Non-Profit
$195 All other registrants
FREE Full-time J.D., LL.M., or M.T. Candidates (No CLE Credit/Webcast Only)
*ABA Member registrants will become Tax Section members for 2016-17.
Fee includes an mp3 audio recording that is available within one week following the program date.
Discounts Available for Group Registrations: Please e-mail Thomas Blandi (firstname.lastname@example.org) for more information.
Law Student registrants, who are current nonmembers, will also receive complimentary membership to the ABA and the Section of Taxation.