Investment Tax Credit

Proportion of new capital investment that could be used to reduce a company's tax bill (abolished in 1986).

Investment Tax Credit

1. A tax credit on capital expenditures that was abolished in 1986.

2. A tax credit a business may receive for making adjustments to its building and other facilities to make them more energy efficient.

Investment Tax Credit

A provision under which tax credits are allowed for rehabilitating a building or investing in energy property for business purposes.

单词	investment tax credit
释义	DictionarySeetax credit Investment Tax Credit Investment Tax Credit Proportion of new capital investment that could be used to reduce a company's tax bill (abolished in 1986). Investment Tax Credit 1. A tax credit on capital expenditures that was abolished in 1986. 2. A tax credit a business may receive for making adjustments to its building and other facilities to make them more energy efficient. Investment Tax Credit A provision under which tax credits are allowed for rehabilitating a building or investing in energy property for business purposes. AcronymsSeeITC
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