How Buying Now Can Reduce Your Tax Expense

Transferable State Tax Credits are designed to be sold to third party buyers to foster economic growth. These tax reduction programs focus on transactions that:

• Are expressly designed and promoted by the State, creating maximum value with minimal risk
• Allow the buyer to “buy down” their liability by acquiring tax credits at a discount
• Generate an immediate reduction in the buyer’s tax liability as the credits can be utilized immediately against estimated payments
• Produce a positive cash flow effect quickly with an immediate increase in operating earnings.

Use 2009 Tax Credits Against Prior and Current Year Liability

States like Louisiana and Georgia allow 2009 Transferable State Tax Credits to be purchased after year end. There are 2009 tax credits currently available and credit buyers can:

• Purchase credits for their 2009 liability and receive a refund of estimates previously paid
• Purchase enough credits to cover their 2010 liability thus making no estimated payments in 2010.

global X has 2009, 2010 and 2011 Transferable State Tax Credits available in various states, which generally sell for up to $0.90/dollar.