0001267426 2011-12-31 0001267426 2012-01-01 2012-09-30 0001267426 2012-09-30 xbrli:shares iso4217:USD iso4217:USDxbrli:shares BCTC V ASSIGNOR CORP 0001267426 --12-31 Smaller Reporting Company 1000 10-Q false 2012-09-30 Q3 2012 100 100 100 100 100 100 100 100 1000 1000 1000 1000 100 100 1 1 1000 1000 1000 1000 1000 1000 <p align="justify">NOTE A - ORGANIZATION</p><p align="justify">BCTC V Assignor Corp. (the "Corporation") was organized on October 15, 2003 under the laws of the State of Delaware to act as the assignor limited partner of, and to acquire and hold a limited partnership interest in, Boston Capital Tax Credit Fund V L.P. (the "Limited Partnership"). The Corporation will assign units of beneficial interest in its limited partnership interest to persons who purchase Beneficial Assignee Certificates ("BACs"), on the basis of one unit of beneficial interest for each BAC. The Corporation will not have any interest in profits, losses or distributions on its own behalf.</p> <p align="justify">NOTE B - INVESTMENT IN LIMITED PARTNERSHIP</p><p align="justify">On October 15, 2003, the Corporation was admitted as the assignor limited partner in the Limited Partnership. The Limited Partnership was formed to invest in real estate by acquiring, holding, and disposing of limited partnership interests in operating partnerships which will acquire, develop, rehabilitate, operate and own newly-constructed, existing or rehabilitated low-income apartment complexes. The Corporation has recorded its $100 investment at cost.</p> <p>NOTE C - SUBSEQUENT EVENTS</p><p align="justify">Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure.&#160; The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements.&#160;Subsequent events, which provide evidence about conditions that existed after the balance sheet date require disclosure in the accompanying notes.&#160; Management evaluated the activity of the Corporation through the date the financial statements were issued, and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements.</p> 100 2003-10-15