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Some of the employment tax credit provisions expire on December 31, 2001. Do QZABs have a similar expiration date?

April 26, 2017december 31 2001 employment expiration qzabs similar tax credit

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Some of the employment tax credit provisions expire on December 31, 2001. Do QZABs have a similar expiration date?

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The QZAB provision has a termination date based on when the bonds are issued. QZAB allocations to the States have been extended through 2001. The allocation of a State’s QZAB volume cap can be carried forward for up to 2 or 3 years after its termination.