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IRS Published Revenue Procedure 2016-15

Published on February 24, 2016
IRS Published Revenue Procedure 2016-15

The Internal Revenue Service (IRS) issued regulations amending the Low Income Housing Tax Credit (Housing Credit) compliance monitoring requirements to revise and clarify physical inspection and certification review rules. In conjunction with the new regulations, IRS published Revenue Procedure 2016-15, which further explains the implementation of the new regulations.


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