- Investment Tax Credit
- A tax credit granted for specific types of investments.
Energy terms . 2014.
Investment Tax Credit
Look at other dictionaries:
Investment tax credit — Proportion of new capital investment that can be used to reduce a company s tax bill (abolished in 1986). The New York Times Financial Glossary * * * investment tax credit investment tax credit ➔ credit1 … Financial and business terms
Investment Tax Credit — Proportion of new capital investment that could be used to reduce a company s tax bill (abolished in 1986). Bloomberg Financial Dictionary * * * investment tax credit investment tax credit ➔ credit1 … Financial and business terms
investment tax credit — In the USA, an incentive to investment in which part of the cost of an asset subject to depreciation is used to offset income tax falling due in the year of purchase … Accounting dictionary
investment tax credit — In the USA, an incentive to investment in which part of the cost of an asset subject to depreciation is used to offset income tax falling due in the year of purchase … Big dictionary of business and management
recapture of investment tax credit — When investment credit property is disposed of or ceases to be used in the trade or business of the taxpayer, some of the investment tax credit claimed on such property may be recaptured as additional tax liability. The amount of the recapture… … Black's law dictionary
tax credit — n: an amount that may be subtracted from the sum of tax otherwise due and that is distinguished from a deduction applied to gross income in the calculation of taxable income compare exemption Merriam Webster’s Dictionary of Law. Merriam Webster.… … Law dictionary
tax credit — An amount subtracted from an individual s or entity s tax liability to arrive at the total tax liability. A tax credit reduces the taxpayer s liability dollar for dollar, compared to a deduction which reduces taxable income upon which the tax… … Black's law dictionary
tax credit — A direct dollar for dollar reduction in tax allowed for expenses such as child care and R&D for building low income housing. Compare tax deduction. Bloomberg Financial Dictionary Additional amount on dividends paid by a company resident in France … Financial and business terms
Scientific Research and Experimental Development Tax Credit Program — The Scientific Research and Experimental Development Tax Incentive Program (often referred to as simply SR ED or SRED) provides tax incentives (in the form of tax credits and/or refund) to Canadian businesses to support applied research and… … Wikipedia
Foreign Tax Credit — A non refundable tax credit for income taxes paid to a foreign government as a result of foreign income tax withholdings. The foreign tax credit is available to anyone who either worked in a foreign country or has investment income from a foreign … Investment dictionary
