| | | |
 |  |  |  |
 |  |  |  |
 |
Washington Tax Alert September 7, 2006
Treasury has just issued temporary regulations under IRC § 45G regarding the 50% tax credit allowed for railroad track maintenance expenditures paid or incurred for maintaining railroad track owned by, or leased to, a class II or class III railroad. The new temporary regulations contain rules regarding how a railroad can assign eligibility for credit to certain third parties. Contact information
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. |  |         |