The Committee approved $20 billion in energy tax credits as part of a plan to help revive the US economy.
Financial and business terms. 2012.
Energy Tax Credit — An energy tax credit is given to homeowners who make their homes more energy efficient by installing energy efficient improvements. There are both federal energy tax incentives and state rebates. A tax credit is more valuable than an equivalent… … Investment 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
Investment Tax Credit — A tax credit granted for specific types of investments … Energy terms
Energy Tax Act — The Energy Tax Act (USPL|95|618, USStat|92|3174, enacted November 91978) is a law passed by the U.S. Congress as part of the National Energy Act. It was a response to three developments::1. large revenue losses associated with the oil and gas tax … Wikipedia
Nonbusiness Energy Property Tax Credit — Part of a series on Taxation Taxation in the United States … Wikipedia
Tax credits — Credits established by the federal and state government to assist the development of the alternative energy industry. Beginning in 1976, California had a solar tax credit. From 1978 to 1985, both California and the federal government offered… … Energy terms
Black Liquor Tax Credit — A term coined by the forest products industry to describe an abusive subsidy scheme within the industry. Black liquor is a byproduct of creating wood pulp and is used as fuel. As part of the 2005 transportation and ethanol bill, the U.S.… … Investment dictionary
Tax Benefit — A tax benefit is an allowable deduction on a tax return intended to reduce a taxpayer s burden while typically supporting certain types of commercial activity. A tax benefit allows some type of adjustment benefiting a taxpayer s tax liability.… … Investment dictionary
Energy Policy Act of 2005 — Enacted by the 109th United States Congress Citations Public Law … Wikipedia
Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 — Effective (Various dates for different provisions) Citations Public Law Public Law 111 312 Stat … Wikipedia
