How Long to Read New Markets Tax Credit

By Michael Brostek

How Long Does it Take to Read New Markets Tax Credit?

It takes the average reader 1 hour and 3 minutes to read New Markets Tax Credit by Michael Brostek

Assuming a reading speed of 250 words per minute. Learn more

Description

The Community Development Financial Institutions (CDFI) Fund awarded $26 billion in New Markets Tax Credits (NMTC) through 2009 for invest. in low-income communities. The NMTC allows investors to claim a tax credit totaling 39% of their invest. in Community Development Entities (CDE) over 7 years which CDEs reinvest in qualified communities. This report: (1) describes where and how CDEs are using NMTCs; (2) assesses how CDEs use NMTCs to offer favorable financing terms to low-income community bus. and describes options for simplifying the NMTC; (3) describes how NMTC invest. support low-income community development; and (4) determines how effective IRS and the CDFI Fund have been in monitoring NMTC compliance. Illustrations.

How long is New Markets Tax Credit?

New Markets Tax Credit by Michael Brostek is 63 pages long, and a total of 15,939 words.

This makes it 21% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read New Markets Tax Credit Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 27 minutes to read New Markets Tax Credit aloud.

What Reading Level is New Markets Tax Credit?

New Markets Tax Credit is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy New Markets Tax Credit?

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