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What does QLICI stand for?

QLICI stands for Qualified Low-Income Community Investments

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Samples in periodicals archive:

45D(b) (1), an equity investment in a CDE is a QEI if (1) the investment is acquired by the taxpayer at its original issue solely in exchange for cash; (2) substantially all the cash is used by the CDE to make qualified low-income community investments (QLICIs); and (3) the investment is designated for purposes of Sec.
WASHINGTON, May 3 /PRNewswire/ -- On March 1, the Department of Treasury amended the temporary regulations for the new markets tax credit, addressing a number of critical concerns, including the substantially all test, qualified low-income community investments, qualified low-income community business, control and other matters.