The next edition of CBAN's "Lunch and Learn" webinar series will explore the use of New Market Tax Credits (NMTC) as a financing source for community broadband projects.
New Market Tax Credits for Broadband Projects
June 23, 2020
CLICK HERE to register (free and open to CBAN members and non-members)
Moderator: Shawnna Silvius, Montgomery County Development Corp
Panelists: Myriam Simmons, Ryan; Jonathan Klassen, Rural Development Partners
Session summary: Many companies find it challenging to manage and take advantage of the ever-changing tax issues and opportunities available surrounding federal tax credits incentives in a timely manner. The mechanics of a NMTC transaction are complex. Several parties are involved in the transaction, allocation needs to be identified, and credit price and agreements negotiated, multiple meetings to be coordinated, and an eventual unwind of the transaction at the completion of the NMTC holding period. This session will help attendees navigate through this tough terrain with best practices and strategies with “real world” applications.
After attending the session, the attendee will be able to:
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