investment tax credit
CulturalDiscover More
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
It also includes a 25% investment tax credit for building chip plants estimated to be worth $24 billion.
From Reuters ● Sep. 25, 2023
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
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
The 1-year reduction for businesses would be in the form of a liberalized investment tax credit increasing the rate to 12 percent for all businesses.
From State of the Union Address by Gerald R. Ford
Random Word
Spin the wheel and learn a new word!
Get a wordDefinitions 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.