Federal Investment Tax Credits definition

Federal Investment Tax Credits means any and all (a) depreciation benefits, (b) investment tax credits, (c) production tax credits, and (d) similar tax credits or grants under federal, state, or local law relating to the construction, ownership, or production of electric energy from the Solar PV System.
Federal Investment Tax Credits means any and all (a) depreciation benefits,
Federal Investment Tax Credits means ANY AND ALL (A) DEPRECIATION BENEFITS, (B) INVESTMENT TAX CREDITS, (C) PRODUCTION TAX CREDITS AND (D) SIMILAR TAX CREDITS OR GRANTS UNDER FEDERAL, STATE, OR LOCAL LAW RELATING TO THE CONSTRUCTION, OWNERSHIP, OR PRODUCTION OF ELECTRIC ENERGY FROM THE SOLAR PV SYSTEM. 4 44. “FIRST OFFER NOTICE” HAS THE MEANING ASCRIBED TO SUCH TERM IN SECTION 12. 1 OF THIS SLA. 4

Examples of Federal Investment Tax Credits in a sentence

  • It is expected that the appropriate percentage of Work shall be completed by Tuesday, December 31, 2019, to maximize the Federal Investment Tax Credits etc.

  • Federal Investment Tax Credits of 30%, plus Arizona State tax credits of 10%, plus accelerated depreciation valued at 10%, provide a total incentive of 50%, reducing the installed- cost-per-kW to $950/kW.

  • Investment tax credits The Company is eligible to receive refundable Ontario Innovation Tax Credits and non-refundable Federal Investment Tax Credits as a result of incurring eligible expenditures for Scientific Research and Experimental Development.

  • If any such act is undertaken by the company or any of its agents on its behalf, the act shall not be deemed to be done by the company.

  • In parallel, production activities are continuing on LCG resources.Another very interesting example is CMS.

  • Qualified rehabilitation expenditures for special valuation are the same as those for the Federal Investment Tax Credits.

  • Federal Investment Tax Credits ISO-NE explains that the 2021 Appropriations Act provided an extension of the beginning of construction deadline that must be met in order to qualify for the ITC for certain types of facilities.169 ISO-NE further explains that it is reasonable to assume that a developer of a facility that could qualify for the ITC would take steps to meet the specified construction deadlines in order to do so.

  • Federal Investment Tax Credits (ITC) The Federal Energy Improvement and Extension Act of 2008 (H.R. 1424) created tax credits for qualifying small wind customers.

  • Federal Investment Tax Credits shall mean any and all (a) depreciation benefits, (b) investment tax credits, (c) production tax credits and (d) similar tax credits or grants under federal, state, or local law relating to the construction, ownership, or production of electric energy from the Solar PV System.

  • In addition, for many renewable energy equipment vendors, current pricing is contingent on the extension of Federal Investment Tax Credits which are currently set to expire at the end of 2008.

Related to Federal Investment Tax Credits

  • Federal Income Tax means any Tax imposed by Subtitle A of the Code, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Input Tax Credit means the credit of input tax;

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • Federal internal revenue code means the internal revenue code of the United States in effect on the last day of the taxpayer's tax year.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Non-Income Tax Return means any Tax Return relating to Taxes other than Income Taxes.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • U.S. Source Withholdable Payment means any payment of interest (including any original issue discount), dividends, rents, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, and other fixed or determinable annual or periodical gains, profits, and income, if such payment is from sources within the United States. Notwithstanding the foregoing, a U.S. Source Withholdable Payment does not include any payment that is not treated as a withholdable payment in relevant U.S. Treasury Regulations.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.