Investment Tax Credit

(redirected from Investment Tax Credits)

Investment Tax Credit

Proportion of new capital investment that could be used to reduce a company's tax bill (abolished in 1986).

Investment Tax Credit

1. A tax credit on capital expenditures that was abolished in 1986.

2. A tax credit a business may receive for making adjustments to its building and other facilities to make them more energy efficient.

Investment Tax Credit

A provision under which tax credits are allowed for rehabilitating a building or investing in energy property for business purposes.
References in periodicals archive ?
Investment tax credits, along with a panoply of other tax incentives, have been widely used by the states to encourage growth in economically distressed areas, spur investment, increase jobs, and hence, even enlarge the tax base.
The tax loss carryforward, unutilized investment tax credits and resource-related expenditures may yield future tax benefits.
Additional legislation such as investment tax credits and some form of capital gains cut would also provide needed incentives.
and its division, GT Solar Technologies, have sent letters to members of the New Hampshire Congressional Delegation urging them to support a proposed extension of the solar energy and fuel cell investment tax credits for homeowners and businesses as provided in the Energy Policy Act of 2005.
a) investment tax credits (b) enterprise zone exemptions and credits (c) jobs tax credits (d) research tax credits (e) all of the above
The Energy Policy Act of 2005 includes federal loan guarantees and investment tax credits to aid potential industrial gasification projects.
Limited partners may be entitled to claim certain deductions from income and non-refundable investment tax credits, for income tax purposes for the 2006 taxation year.
Although Finance agrees it would be logical to extend the carryback provision to investment tax credits (ITCs), the Department is not prepared to look at that credit in isolation.
There are only a few exceptions where the right to file amendments is provided for in the Act, such as subsection 49(4) and the right to file prescribed forms to carry back losses, investment tax credits, and foreign tax credits.
The General Partner invested the available funds such that Limited Partners will be entitled to claim certain deductions from income and investment tax credits for income tax purposes for the 2005 taxation year.
Tax Depreciation, Investment Tax Credits, and Other Incentives: Whereas Canada once possessed the overall advantage vis-a-vis the United States with respect to tax depreciation, investment tax credits, and other capital formation incentives, the results of Canadian tax reform have tempered the Canadian system's advantage.
Increase public/private technology collaboration by increasing investment tax credits for firms that invest in new joint research and development activities with universities.

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