IF YOU ARE AN INVESTOR LOOKING FOR A PROJECT THAT QUALIFIES FOR HISTORICAL TAX CREDITS, READ ON.

TIME IS RUNNING OUT, HISTORICAL TAX CREDITS BENEFITING THE COMMERCIAL ACTIVITY TAX
The commercial activity tax (CAT) is a tax on business gross receipts of $150,000 or more per calendar year. Unlike a corporate income tax, which is imposed on a business' profits, a gross receipts tax is imposed on a business' total sales of goods and services, with no deduction for the cost of doing business
The commercial activity tax can be substantial and applicants that complete their project and receive a tax credit certificate with an effective date prior to June 30, 2019 will have the ability to credit against the CAT.
This building qualifies for the Historical Tax Credits:
In Selling Property - Asked by ken r. - Sep 3, 2017
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