Tax Credit Subsidy Payment definition

Tax Credit Subsidy Payment means a payment by the federal government with
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Tax Credit Subsidy Payment means the amounts which the City is entitled to receive a tax credit payable by the United States Treasury to the City under Section 6431 of the Code, in respect of any bonds issued as Tax Credit Subsidy Bonds.
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Tax Credit Subsidy Payment means a payment by the federal
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Examples of Tax Credit Subsidy Payment in a sentence

  • The City has designated the Series B Bonds as “recovery zone economic development bonds” for purposes of Section 1400U-2 of the Internal Revenue Code, such that a Tax Credit Subsidy Payment will be allowed to the City pursuant to Section 6431 of the Code in an amount up to 45% of the interest payable on the Series B Bonds on each interest payment date.


More Definitions of Tax Credit Subsidy Payment

Tax Credit Subsidy Payment means a payment by the federal government with respect to a Tax Credit Subsidy Bond.
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Tax Credit Subsidy Payment means the amounts which the City is eligible to request as a tax credit payable by the United States Treasury to the City under Section 6431 of the Code (or under similar provisions of the Code providing for “direct-pay” tax credit bonds), in respect of any bonds issued as Tax Credit Subsidy Bonds.
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Related to Tax Credit Subsidy Payment

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.