The Third Circuit, in Historic Boardwalk Hall LLC v. Commission, No. 11-1832 (August 27, 2012), held that Pitney Bowes ("PB") could not use Historic Rehabilitation Tax Credits ("HRTCs") generated in a partnership with the New Jersey Sports and Exposition Authority ("NJSEA") from the rehabilitation of the historic East Hall in Atlantic City, New Jersey.
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RegisterThe IRS' pyrrhic victory in Historic Boardwalk Hall
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USA
December 20 2012
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Robert E. Armstrong
Partner
McDonald Carano Wilson LLP
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