Tax Incentives for Businesses in Distressed
Communities — footnotes

¹See www.hud.gov/offices/cpd/economicdevelopment/programs/rc/
index.cfm.

² See Sec. 1391.

³ See Secs. 1394, 1396 and 1397A.

⁴ See P.L. 105-34 (8/5/97) and Sec. 1391(b).

⁵ See, e.g., Regs. Sec. 1.1394-1(l).

⁶ In Secs. 267 and 707(b)(i), “10%” is substituted for “50%.”

⁷ See Form 4797, Sales of Business Property, and the related instructions.

⁸ See www.hud.gov/offices/cpd/economicdevelopment/news/taxincentives
2003.pdf

⁹ See the instructions to applicable forms.