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Investment Tax Credit
(redirected from investment credit)

   Also found in: Acronyms, Encyclopedia 0.01 sec.
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.


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These things require a sizable investment credit lines and credit cards may not offer a sufficient source of funding.
Summary: Several members of the People's National Assembly (Parliament) urged Thursday the governor of the Bank of Algeria, Mohamed Laksaci to take action against the unofficial currency trading and to develop tools to increase investment credits.
Jointly managed by JP Morgan, HSBC and Royal Bank of Scotland, the bond carried a below investment credit rating of "B-plus" by global rating agency Fitch Ratings and "B" by Standard and Poor's.
 
 
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