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investment tax credit

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

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notes for investment tax credit

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

How to use investment tax credit in a sentence

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