ATLANTA, March 19, 2024 (GLOBE NEWSWIRE) — Monarch Private Capital, a leading impact investment firm renowned for its development, financing, and management of a diversified portfolio of projects generating federal and state tax credits, announced today that it has reached a settlement with the North Carolina Department of Revenue (NCDOR) regarding the treatment of North Carolina tax credits. Under the terms of the agreement, NCDOR has committed to honoring all of the North Carolina tax credits reported by Monarch Private Capital’s investors.
Jane Rafeedie
Monarch Private Capital
[email protected]
(GlobeNewsWire)