How In Re Shin Could Influence Which Bankruptcy Taxes are Dischargeable
Admin on March 30, 2021 Posted in Bankruptcy News, BlogIn a recent bankruptcy case (In Re Shin), a court questioned whether the recapture obligation of the first-time homebuyer credit constitutes a βtaxβ that can be applied to the non-discharge provision of the bankruptcy code. This credit refers to a tax credit established by the Housing and Economic Recovery Act of 2008. The credit, which […]