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单词 rehabilitation tax credit
释义

rehabilitation tax credit

Definition
Income tax credits provided to individuals completing qualified renovations, reconstructions or restorations of buildings. Rehabilitation tax credit is 10% of expenses for buildings in service before 1936; 20% for certified historic structures. Hurricane affected properties in specific locations receive a higher credit of 13 to 26%.
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更新时间:2025/4/17 17:54:15