Overview of U.S. Treasury Tribal Tax Credits

At United Advisors, we specialize in tax relief services across the nation. Our expertise in U.S. Treasury credit ensures you get the financial support you need when you need it the most. We understand the complexities of the U.S. Treasury credit program and are here to ensure you understand everything that you need to take advantage of this credit. Whether you're looking to determine your eligibility or access funds quickly, our team has all the information you need. Read more about U.S. Treasury credit below, and contact us today with any questions.

Importance of Tribal Tax Credits

Tribal Tax Credits are a significant financial tool anchored in the Indian Self-Determination and Education Assistance Act (ISDEAA). These credits are developed through negotiated agreements between tribal entities and various federal departments, including the Department of the Interior and the Department of Treasury. They offer a dollar-for-dollar offset against federal income tax liabilities, making them highly valuable for businesses and individuals alike.

Benefits of Tribal Tax Credits

Some advantages of tax credits include:

• Utility: Claimed on annual income tax filings, providing a straightforward way to reduce tax liabilities
• Validity: These credits are recognized and registered with the Department of Treasury, ensuring their legitimacy and reliability
• Carry Forward: Unused credits can be carried forward for up to five years, ensuring no loss of potential benefits
• Validation: The IRS verifies the tax credits using the registration number issued by the Treasury to ensure the legitimacy of the credit
• Utilization: Once validated, the tax return is processed, and the credits are applied, effectively reducing the tax liability

The entire process involves coordination between the tribal entity, the Department of the Interior, and the Department of Treasury, ensuring compliance with statutory practices and procedures as provided in 25 USC 46.

Tribal Nations Tax Credit

Overview
On November 22, 2023, White River Energy Corporation (OTCQB: WTRV) entered into a joint venture with a CDFI and Native American Tribal Entity. This partnership resulted in the formation of White River Native CDFI, LLC, creating an opportunity for individuals and corporations to purchase Sovereign Tribal Tax Credits (NATC). As of March 2024, $64 billion worth of these tax credits were registered with the United States Treasury. Information on the entire agreement can be found on the SEC Website.

Origin and Legality
Tribal tax credits are the result of an agreement between a Native American Tribe and the United States Treasury. Treasury granted the credits in accordance with applicable sections of the Indian Self-Determination and Education Assistance Act (ISDEAA) 25 USC 46, as amended.

Key Information

• Entity: White River Native CDFI LLC
• Registration: $64 billion for 2024

Documentation and Links

• HR 3508 - Tribal Self-Governance Act of 1994
• ISDEAA 25 USC 46 as amended
• Executive Order 13175 (Clinton, 2000)
• Executive Order 13647 (Obama, 2013)
• Executive Order (Biden, 2023)
• US Code Title 31, Section 1105 - Budget Contents and Submission to Congress

Key Parties

• Native American Tribes: U.S. Department of Treasury (Tribal Affairs)
• Native American Tribe Trust Fund
• U.S. Department of the Interior (Indian Affairs)
• White River Energy Corporation
• White River Private Capital Management

Purchase Steps

1. Verify tax liability and purchase amount
2. Collect personal information
3. Execute documentation via DocuSign
4. Wire transfer to WRPCM
5. Receive a tax credit certificate for filing

Learn More About Credit Options

There are a variety of tax credit options and benefits available for you to explore:

• Offset federal income tax: They provide a dollar-for-dollar reduction in federal income tax liabilities
• Clean credits: Free from income or other traditional credit limitations
• Versatility: Available to businesses, individuals, partners, or shareholders of pass-through entities
• Five-year carry forward: Unused credits can be carried forward, maximizing their value over time
• Guidance: Detailed guidance on the credit acquisition process
• Assistance with compliance and reporting requirements: Strategic advice on maximizing the financial benefits of Tribal Tax Credits

Tribal Tax Credits offer a powerful tool for reducing federal income tax liabilities while supporting tribal economic development.

Recap

• Tax firm in the Twin Cities is the distribution arm for the sovereign tribe
• Navigators is a sub-distributor for the tax firm
• The first tranche of $5.5 billion has been released
• **Selling at $0.60 per $1.00
• Credit purchase may be insured to guarantee credit application
• A total of $64 billion to be released in batches
• Prices will increase after the first $2 billion is sold
• Minimum purchase is $60K, providing a $100K tax credit
• United Advisors' allotment is $250M in 2024 and $250M in 2025
• It is a dollar-for-dollar tax credit, offsetting federal tax liability
• Both individuals and corporations can purchase it
• The credit can be carried forward for five years
• This is not a securities transaction