investment tax credit
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Investment tax credits are structured to reward and encourage economic growth.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The 2022 Chips Act provided some $53 billion, plus a 25% investment tax credit, to subsidize U.S. chip-making.
From The Wall Street Journal ● Jun. 22, 2026
The proposals include a 30% investment tax credit for large-scale projects as well as coordinated agency reviews and early stakeholder engagement.
From Seattle Times ● Sep. 1, 2023
Canada, the world's fourth-largest oil producer, expects the technology to play a major role in decarbonizing the industry and last year announced a CCS investment tax credit.
From Reuters ● Jul. 24, 2023
The law also offers an investment tax credit to companies that build factories that produce electric vehicles, wind turbines and solar panels.
From New York Times ● Jan. 11, 2023
And we will also provide strong additional incentives for business investment and growth through substantial cuts in the corporate tax rates and improvement in the investment tax credit.
From State of the Union Address by Carter, Jimmy
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
