The investment tax credit is the marquee piece of legislation being pursued by the industry.
The federal government also offers a nice 30% investment tax credit for project developers.
The U.S. government has been generous, too, with a 30% investment tax credit for solar installations.
Solar is better off than wind but its 30% investment tax credit sunsets at the end of 2016.
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The EPS strategy would also expand the current investment tax credit to 30% of the total CHP system cost.
My question is in regards to the ITC and the PTC -- the investment tax credit and the production tax credit, renewable energy.
One of the government incentives Mr. Reid supported for the renewable-energy industry was a 30% investment tax credit for companies in the solar-energy business.
The banks profit from investing in solar in two ways: They get tax advantages (the investment tax credit) as well as a single-digit rate of return.
In most states, solar installations are driven by state renewable energy incentives that can be added to the federal 30% subsidy known as the investment tax credit.
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On the table are an investment tax credit for solar power and production tax credits for solar, wind, geothermal and other renewables, set to expire at the end of the year.
In 1971, for example, the now-defunct Accounting Principles Board, in the interest of conservative financial reporting, stated that the investment tax credit should be amortized over the life of the asset for which it applies.
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They're worried that if a simple investment tax credit, set to expire at the end of the year, isn't renewed, it could doom their industry just as it's starting to get off the ground.
The Tax Reform Act of 1986 basically cleaned out bloated tax benefits, like the Investment Tax Credit, as a way to generate enough revenue to allow for a significant lowering of marginal tax rates.
Solar installations grew 37% in the U.S. last year and are likely to keep growing at a hefty clip, spurred by a combination of high fossil fuel prices and a 30% federal investment tax credit.
Federal loan guarantees, along with a investment tax credit and other incentives helped the U.S. solar power market more than double in 2010, with similar growth expected this year, according to analysts and solar power companies.
For lots of good reasons, more corporations are turning to solar power installations: lower electricity bills, generous state rebates, the 30% federal investment tax credit and the overall "green" sheen that comes with putting solar panels on an otherwise unadorned corporate roof.
The law effectively eliminated the old 10% Investment Tax Credit (some of you may still remember those days) as well as the old longer term depreciation, with a new, more attractive shorter recovery period, referred to as the Modified Asset Cost Recovery System (MACRS).
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First Solar's management, the analyst added, was also one of the few who were willing to say that there was a less than 50% chance that the investment tax credit legislation, commonly referred to as ITC, will pass by the end of the year.
Federal tax credit: The federal government offers a 30% investment tax credit on the cost of the system after rebates. (The credit is higher in Denver, for example, because there is no state or utility rebate.) To claim the full credit, your tax bill must be bigger than the credit.
In recent years, the government has cut red-tape for new businesses, and boosted the tax credit for investment in research and innovation.
They are to get a tax credit against investment in research and development, and they rightly get it whether or not they make profits.
There are also proposals for a permanent research and development tax credit, temporary expensing of business investment, and payroll tax holidays.
Mr da Silva's team favour an industrial policy, with tax breaks, cheaper credit and government investment in research and development and in infrastructure.
He and other critics insist that there are more effective ways to stimulate investment: reducing the tax on corporate profits, increasing the tax credit that companies get on spending for new plant and equipment, and easing the tax on dividends.
For that initial surge of investment, and the subsequent acceleration as the expansion matured, much credit belongs to the tax reforms and deregulation of the Reagan administration.
But he deserves credit for having administered a limited and effective fiscal stimulus, and for promoting investment through corporate tax cuts.
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