SELLING TAX CREDITS

Review of Donation Documents
CTT will conduct a thorough due diligence review of all of your donation documents to ensure that your donation meets all state and federal laws, regulations, and notices. We will help you make any required changes to your documents, if needed.  For new donations we can be engaged early and help review draft documents before closing.

Transfer Process
Once CTT has accepted your credit for transfer, we will match you with a qualified credit buyer. The seller, buyer, and CTT execute CTT’s Agreement to Purchase/Sell. Transfers are completed by delivering a fully signed Agreement and checks from the buyer to the seller and to CTT for it’s transfer fee.

Tax Filing Paperwork
After your credits are sold, we provide the required paperwork documenting the completed transaction for you as the seller to file with your Georgia state and federal income tax returns. This includes providing Department of Revenue Form IT-CONSV and completing Form IT-TRANS, which must be filed within 30 days of any credit transfer. It is important to file all the necessary documentation in a timely manner. If any documentation is missing, DOR can disallow your entire credit.

Going Market Rate
You receive a percentage of the face value of your credit based on the highest current market transfer rate. The amount of other state tax credits available, the amount of registered buyers, and the number of registered sellers all affect the market rate. Please check with us about the current market rate. It is suggested that you register as early as possible to be placed on our priority selling list. There is a limited supply of credits for buyers and sellers, and you will be matched according to your order on our selling and buying priority lists. 

Interested in registering your credit with us?  Download a Seller Registration Form