### Question
How does the law define credit allowance date?


### Answer
Under *26 U.S.C. § 1400N*, **credit allowance date** is defined as:

> March 15, June 15, September 15, and December 15. Such term also includes the last day on which the bond is outstanding

#### Citation:
  - *26 U.S.C. § 1400N*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter Y-Short-Term Regional Benefits > PART II-TAX BENEFITS FOR GO ZONES**

