New Rutgers Report Data Supports the Historic Tax Credit (HTC): The Annual Report on the Economic Impact of the Federal Historic Tax Credit for FY 2012 revealed that the federal HTC has created 2.3 million jobs, attracted $106 billion in private investment, and restored 38,700 historic buildings since its inception more than 35 years ago. The HTC also yields a net benefit to the U.S. Treasury: it has helped generate nearly $26 billion in federal taxes while costing only $20.5 billion in credits allocated. Visit SaveHistoricCredit.org to download the report and find out how you can help save the HTC program.
Posted on: Fri, 09 Aug 2013 16:48:55 +0000
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