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investment tax credit

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Cultural Dictionary

investment tax credit

An amount that businesses are allowed by law to deduct from their taxes, reflecting an amount they reinvest in themselves.

Note: Investment tax credits are structured to reward and encourage economic growth.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Resolve IRS Tax Debt Fast
30 Second Quote Form to See Savings Call 800-920-0045 to Get Help Fast
FreedomTaxRelief.com/TaxDebt_Help
Finance Investing
Straightforward Pricing. Powerful tools. Sign up today.
TDAMERITRADE.com
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