Investment Tax Credit

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Also found in: Acronyms.

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 ?
Armenia's preliminary application for an investment credit from the Fund to finance construction of the Mastara water reservoir was approved in the amount of US $25.
The EZ investment credit is 8% of the cost or other basis for federal income tax purposes of eligible tangible property in an Empire Zone and acquired or built while the area is designated as an Empire Zone.
3 per cent), followed by overseas investment credit at 33.
The act also establishes an advanced energy investment credit that provides a 30 percent investment tax credit for facilities engaged in developing technologies for the production of renewable energy, energy storage, energy conservation, efficient transmission and distribution of electricity, carbon capture and sequestration.
The bank also offers investment credit, mezzanine financing, loan guarantees, financial consulting, fund structuring and other services.
term debt rating to BAA2 and its short term rating to Prime 3, the lowest investment credit rating rendered by Moody's.
Specifically, the agency intends to set risk ratios at 6% of credit amounts for companies with investment credit ratings of BBB or higher, and 25% for firms rated speculative for investment.
Under an investment credit program, the insured pays the full premium--the portion for insurance company expenses as well as the loss fund for expected losses within the insured's retention or deductible--in cash during the policy year.
During the past few years, a new product structure has evolved that offers participants these attributes and, at the same time, satisfies the plan sponsor's need for diversification of investment credit risk.
An interdepartmental commission formed by the Kyrgyz Government has prepared a draft agreement on allocation of the investment credit between Kyrgyzstan and the Eurasian Development Bank.
Mobile services provider, Mahindra Comviva, has entered into an agreement with Kyrgyz Investment Credit Bank (KICB).
Geo Dipa has secured loan pledge of US$103,058,000 in commercial credit and US$91,523,000 in investment credit from BNI with interest during construction-IDC of US$11,535,000 on the investment credit.

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