investment tax credit
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Investment tax credits are structured to reward and encourage economic growth.
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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
The Act provides around $52 billion in government subsidies for U.S. semiconductor production and an investment tax credit for manufacturing plants estimated to be worth $24 billion.
From Reuters ● Jun. 12, 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
I am therefore recommending that the 1-year investment tax credit of 12 percent be extended an additional 2 years to specifically speed the construction of powerplants that do not use natural gas or oil.
From State of the Union Address by Gerald R. Ford
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