Understanding NTTC
NTTC has 32 definitions across 6 categories: air travel, business, government, medicine, chat forums, education, and technology. The most common meaning of NTTC is National Technology Transfer Center in the technology industry. NTTC also stands for National Tribal Transportation Conference in the government transportation sector. The National Technology Transfer Center aims to spread new technologies. Meanwhile, the National Tribal Transportation Conference focuses on transportation policies related to native communities. To cite NTTC in bibliography, use the appropriate category abbreviation.
Types of NTTC and Their Usage
What is a Type 6 NTTC?
To qualify for the deduction, the sale or lease must be made to a person in the construction business. The receipts are deductible if the buyer provides a Type 6 NTTC to the seller, billed to a single project.
What is a Type 9 NTTC?
It is for purchases by governments, 501(c)(3) organizations, or credit unions.
Obtaining and Expiration of NTTCs
How to obtain a NTTC?
To get a Type 10, an owner of a qualified facility must provide eligibility from the Environment Department. For Type 15, federal contractors submit their contract on first request.
Do NTTCs expire?
A California certificate appears to have no expiration. Buyers can register just for NTTCs by checking “NTTC only”.
What is a NTTC number?
An NTTC from the Taxation and Revenue Department allows sellers to deduct receipts from qualified transactions. One NTTC per customer covers all transactions of the same type.