Philanthropy Impact

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Community Investment Tax Relief (CITR)

Glossary item: Community Investment Tax Relief (CITR) - Definition

CITR offers a tax incentive to investors in accredited community development finance institutions (CDFIs). The tax incentive is available to individuals and companies. It comes in the form of a tax relief, which reduces the investor's income tax (or corporation tax) liability. See CDFI and chapter in A Guide to Giving.


This glossary item is tagged under:

  • Government, legal and tax issues