Novogradac Alert Addresses Tax Bill’s Effect on LIHTCs

Wednesday, December 20, 2017 - 12:00pm

How the Tax Cuts and Jobs Act will affect the low-income housing tax credit (LIHTC) is the focus of a client alert  by Michael Novogradac, CPA. The document addresses the impact of the lower corporate rate, base erosion and anti-abuse tax (BEAT), interest expense limitation/alternative depreciation system, 100 percent asset expensing and state tax credits on the LIHTC. It also discusses other provisions and how they will affect affordable housing.