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.
In addition to the $6.4 billion, Samsung has indicated it also will claim an investment tax credit from the U.S.
From Seattle Times
It also includes a 25% investment tax credit for building chip plants estimated to be worth $24 billion.
From Reuters
Other guidance expected before the end of 2023 includes Section 48 clean power investment tax credit and clean hydrogen tax credits.
From Reuters
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
The law also created a 25% investment tax credit for building new chip factories, or fabs, that is worth $24 billion.
From Reuters
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.