Examples of Certificate of Completed Work in a sentence
A copy of the Certificate of Completed Work issued by the Commission.
Applicants requesting certification of a proposed Rehabilitation shall comply with the procedures listed in Paragraph 1 below; Applicants requesting a Certificate of Completed Work shall comply with the procedures listed in Paragraph 2, below.
Any Credit claimed under the Act shall be recaptured in full (by increasing the taxpayer’s tax for the year by the total amount of Historic Preservation Investment Tax Credit actually used against the tax) if, within 24 months after the issuance of a Certificate of Completed Work, the property becomes Exempt from Real Property Tax.
In the case of multiple building projects, a Certificate of Completed Work shall be issued for each building.
Thereafter, Assignable Historic Preservation Investment Tax Credit Certificates may be issued upon issuance of a Certificate of Completed Work for later phases without again having to meet the Substantial Rehabilitation Test.
Thereafter, Assignable Historic Preservation Investment Tax Credit Certificates may be issued upon issuance of a Certificate of Completed Work for later phases without again having to meet the Substantial Rehabilitation test.
The Commission or the Tax Division shall have the right at reasonable times to enter upon any property that is the subject of an application for certification, whether the Rehabilitation is proposed, ongoing, or completed, and for the entire Holding Period following issuance of a Certificate of Completed Work, to verify that the Rehabilitation is as represented and that no unpermitted alterations or changes are made after issuance of a Certificate of Completed Work.
Applicants requesting certification of a proposed Rehabilitation shall comply with the procedures listed in Paragraph (i) below; Applicants requesting a Certificate of Completed Work shall comply with the procedures listed in Paragraph (c)(4) of this Rule.
Thereafter, Assignable Historic Preservation Tax Credit Certificates may be issued upon receipt of a Certificate of Completed Work for later phases without again having to meet the Substantial Rehabilitation test.
Any credit claimed under the Act shall be recaptured in full (by increasing the taxpayer’s tax for the year by the total amount of historic preservation tax credit actually used against the tax) if, within 24 months after the issuance of a Certificate of Completed Work, the property becomes Exempt from Real Property Tax.