KPMG report: New proposed regulations on average income test
New proposed regulations on average income test
The IRS recently issued proposed regulations on the low-income housing tax credit.
A KPMG report discusses the rules and how developers can mitigate potential non-compliance issues.
Read a November 2020 report [PDF 80 KB] prepared by KPMG LLP: What’s News in Tax: IRS Issues New Proposed Regulations on the Average Income Test
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