This portfolio, T.M. 585, New Markets Tax Credits, to be published this summer, was authored by Steven F. Mount, a tax partner resident in the Columbus office of Squire Sanders (US) LLP. It will be published by Bloomberg BNA as part of its Tax Management Portfolio series.
The portfolio describes in detail the tax rules concerning qualification for the credit, including a detailed discussion of the eligibility requirements and a discussion of issues encountered in most New Markets transactions.
The portfolio is expected to be available to online subscribers in June and to be mailed to paper subscribers shortly thereafter.
Further information on this publication is available in the portfolio description.