Investment Tax Credit

(redirected from investment credit)
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 ?
'If it is added with the Investment Credit (KI) facility from BNI, PT Jasamarga Manado Bitung will get a total fund of Rp1.6 trillion,' he added.
The credit rating of ProCredit Bank has dropped one notch, to the lowest investment credit rating level.
Summary: 
On 25 March 2016, an agreement to provide $100 million in investment credit from the Eurasian Fund for Stabilization and Development for the rehabilitation of the Toktogul HPP (Phase 2) came into effect.
Additionally, the taxpayer could not use the entire investment credit generated in the initial year, and if the credit had been properly claimed, the taxpayer would have used the credit over the next three tax years.
In 2013, local auto sales fully recovered when the country received its first-ever investment credit ratings along with steady GDP.
Notwithstanding the effect of foreign currency translation, the lower disbursements for export credit and overseas investment credit by four per cent and 10 per cent respectively in 1H2014 had tempered the overall loan growth rate.
Kyrgyz Investment Credit Bank was awarded the Bank of the Year 2014 by The Banker.
In a Friday interview for the BGNES news agency, Brankov commented that the unemployment rate had dropped in the period 2004-2008 due to the investment credit boom in construction and other sectors.
PT Petrokimia Gresik has signed an investment credit agreement worth Rp324 billion with BRI that construction of the project could be accelerated to be completed as scheduled in 17 month or in mid 2013.
With the first approved 23 million euro, 73 percent of it is given as investment credit with a payment deadline up to eight years while the rest of the money are for credits for working capital with a payment deadline to three years.
Mandviwala said that the President during his meeting urged on the Japanese Prime Minister to provide Pakistan-specific investment credit to those Japanese companies which are interested to invest in the country.
The bill also would establish a per company cap for the Innovative Technology Investment Credit at one half the value of the receiving company's SBIR award and an initial program cap of $500 million.

Full browser ?