Historic Rehabilitation Tax Credit
GPTKB entity
Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
gptkb:National_Park_Service |
| gptkbp:appliesTo |
gptkb:historic_building
|
| gptkbp:availableOn |
gptkb:United_States
|
| gptkbp:benefit |
investors
developers property owners |
| gptkbp:claimedBy |
federal income tax return
|
| gptkbp:compatibleWith |
owner-occupied residences
|
| gptkbp:eligibleProperty |
income-producing historic buildings
|
| gptkbp:enactedBy |
Tax Reform Act of 1976
|
| gptkbp:expansion |
1981
|
| https://www.w3.org/2000/01/rdf-schema#label |
Historic Rehabilitation Tax Credit
|
| gptkbp:introducedIn |
1976
|
| gptkbp:percentageOfQualifiedExpenses |
20%
|
| gptkbp:promotion |
economic development
job creation community revitalization |
| gptkbp:purpose |
encourage preservation of historic structures
|
| gptkbp:relatedTo |
Federal Historic Preservation Tax Incentives Program
|
| gptkbp:requires |
National Historic Landmark
Process certified rehabilitation compliance with Secretary of the Interior’s Standards for Rehabilitation |
| gptkbp:statePrograms |
many states offer additional credits
|
| gptkbp:bfsParent |
gptkb:Low-Income_Housing_Tax_Credits
|
| gptkbp:bfsLayer |
7
|