Tax Incentives For The Preservation Of Historic Structures

Excerpt from Preservation: Tax Incentives for Historic Buildings On October 22, 1986, the Tax Reform Act of 1986 (pl 99-514) was signed into law, making comprehensive changes to the Internal Revenue Code. The intent of the law is to reduce inequities in the tax system; reduce personal and corporate tax rates; broaden the tax base by eliminating or reducing a number of deductions, tax credits, and special benefits; and restore economic factors rather than tax consequences as the primary impetus to business and investment decisions. A number of the changes directly affect the rehabilitation of historic buildings. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.