Investment Tax Credit

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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.
References in periodicals archive'If it is added with the Investment Credit (KI) facility from BNI, PT Jasamarga Manado Bitung will get a total fund of Rp1.6 trillion,' he added.Manado-Bitung Toll Road Project Also Funded by BNIThe credit rating of ProCredit Bank has dropped one notch, to the lowest investment credit rating level.Macedonia's lowered credit rating to drive up cost of future loansSummary:
On 25 March 2016, an agreement to provide $100 million in investment credit from the Eurasian Fund for Stabilization and Development for the rehabilitation of the Toktogul HPP (Phase 2) came into effect.KYRGYZSTAN: EDB FUNDINGAdditionally, the taxpayer could not use the entire investment credit generated in the initial year, and if the credit had been properly claimed, the taxpayer would have used the credit over the next three tax years.Recent guidance affecting research credit carryforwards from closed yearsIn 2013, local auto sales fully recovered when the country received its first-ever investment credit ratings along with steady GDP.Auto financing in PH faces bright futureNotwithstanding the effect of foreign currency translation, the lower disbursements for export credit and overseas investment credit by four per cent and 10 per cent respectively in 1H2014 had tempered the overall loan growth rate.MARC affirms AAA/AAAID ratings on KEXIM's conventional and Islamic MTN programmesKyrgyz Investment Credit Bank was awarded the Bank of the Year 2014 by The Banker.KICB wins The Banker's Bank of the Year 2014 in KyrgyzstanIn a Friday interview for the BGNES news agency, Brankov commented that the unemployment rate had dropped in the period 2004-2008 due to the investment credit boom in construction and other sectors.Actual Unemployment Rate in Bulgaria Exceeds 18% - NGOPT Petrokimia Gresik has signed an investment credit agreement worth Rp324 billion with BRI that construction of the project could be accelerated to be completed as scheduled in 17 month or in mid 2013.Petrogress fertilizer terminal with BRI credit of RP 324 billionWith the first approved 23 million euro, 73 percent of it is given as investment credit with a payment deadline up to eight years while the rest of the money are for credits for working capital with a payment deadline to three years.Firms already use the cheap credits: with the previous EIB credit line in an amount of 100 million euro, which has been fully used, more than 300 projects were supported and over 2000 working posts were openedMandviwala said that the President during his meeting urged on the Japanese Prime Minister to provide Pakistan-specific investment credit to those Japanese companies which are interested to invest in the country.Zardaris Japan visit successful, Yamaha to establish motorcycle plant this year: MandviwalaThe bill also would establish a per company cap for the Innovative Technology Investment Credit at one half the value of the receiving company's SBIR award and an initial program cap of $500 million.New SBIR tax credit bill introduced