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eligible basis

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08:31 Mar 9, 2008
This question was closed without grading. Reason: No acceptable answer

English to Russian translations [PRO]
Law/Patents - Law: Taxation & Customs
English term or phrase: eligible basis
The requirements of this subparagraph are met with respect to any financing for any taxable year in the compliance period if, as of the close of such taxable year, not more than 60 percent of the *eligible basis* of the qualified low-income building is attributable to such financing.
val_legrand
Ukraine
Local time: 10:51
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Summary of answers provided
3Стоимость приобретаемого здания и ремонтных работ.Fedor Khrushchov
3таким образом может финансироваться не более 60% объемов строительства, которое может быть ...
Sergey Savchenko


  

Answers


37 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
таким образом может финансироваться не более 60% объемов строительства, которое может быть ...


Explanation:
...квалифицировано (по закону) как "строительство жилья для малоимущих" (жилья эконом-класса?).

Sergey Savchenko
Ukraine
Local time: 10:51
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
PRO pts in category: 38
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52 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Стоимость приобретаемого здания и ремонтных работ.


Explanation:
Под термином «eligible basis» понимается стоимость приобретаемого здания и ремонтных работ (без стоимости земельного участка). Сюда не относятся также все затраты связанные с кредитом.


    Reference: http://en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit#E...
    Reference: http://nifa.org/downloads/andcostsirc42positionpaper.pdf
Fedor Khrushchov
Russian Federation
Local time: 10:51
Specializes in field
Native speaker of: Russian
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