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 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 creates a 25% investment tax credit for building chip plants estimated to be worth $24 billion.
From Reuters • Feb. 28, 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
Or, owners of a new carbon-free electricity generator could take advantage of an investment tax credit, worth 30% of the amount they paid to build the facility.
From Seattle Times • Aug. 13, 2022
I am also proposing improvements in the investment tax credit, making it refundable, to meet the investment needs of firms with no current earnings.
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.