IRS Releases Memorandum on Low-Income Housing Limited Partnerships

Date

2006

Authors

Outenreath, Alyson

Journal Title

Journal ISSN

Volume Title

Publisher

Abstract

This article discusses the April 25, 20016 IRS memorandum, issued to its exempt organizations determination agents, explaining the criteria for processing exemption applications under Section 501(c)(3) or (c)(4) for organizations that plan to be general partners or managing members in low-income housing tax credit limited partnerships or limited liability companies.

Description

Rights

Rights Availability

Keywords

Income tax exemptions, Low-income housing, Private companies, Administrative procedure, Limited partnership

Citation

8 No. 4 Bus. Entities 53