investment tax credit


An amount that businesses are allowed by law to deduct from their taxes, reflecting an amount they reinvest in themselves.

Notes for investment tax credit

Investment tax credits are structured to reward and encourage economic growth.

Words Nearby investment tax credit

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.