ITC definition

ITC. (this Section2 of the RFP) means the Instructions to Consultants that provides the Consultants with all information needed to prepare their Proposals.
ITC means an investment tax credit pursuant to Code Sections 38(b)(1), 46 and 48(a).
ITC means the investment tax credit established pursuant to Section 48 of the United States Internal Revenue Code of 1986.

Examples of ITC in a sentence

  • The Clean Technology ITC provides a 30% refundable tax credit on new eligible projects, subject to certain conditions.

  • The Clean Electricity ITC would be available for projects from the 2024 budget date to 2034.

  • The Clean Technology ITC is available for projects from March 28, 2023, and will be phased out after 2034, with the investment tax credit rate being reduced for 2034 and nil thereafter.

  • The Clean Electricity ITC provides a 15% refundable tax credit on eligible investments in new projects and the refurbishment of existing facilities.

  • The Clean Technology ITC and the Clean Electricity ITC were two of the tax measures included in the 2023 federal budget.


More Definitions of ITC

ITC means the Oregon State Hospital’s (OSH) Psychology Internship Program’s (OSH-PIP) Internship Training Committee. The ITC consists of licensed doctoral psychologists, and licensed-eligible persons. The ITC assists the Training Director(s) with development, oversight, and evaluation of the internship program; this includes the development and implementation of policies as well as intern selection.
ITC. (this Section2 of the RFP) means the Instructions to Consultants that provides the
ITC means the federal investment tax credit of 15% in respect of an eligible individual’s “flow-through mining expenditure” as defined in subsection 127(9) of the Tax Act.
ITC means the 30% investment tax credit under Section 48 of the Code.
ITC means the tax credit for “energy property” described in Section 48(a)(3)(A)(i) and 48(a)(5) of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.
ITC. (this Section 2 of the RFP) means the Instructions to Consultants that providesthe shortlisted Consultants with all information needed to prepare their Proposals.