Energy Star Tax Credits 2024 Canada. The canadian government has enacted four new refundable investment tax credits (itcs) designed to grow canada's clean economy and allow canada to remain competitive in. Consistent with the original announcement in budget 2023, the clean electricity itc is a refundable tax credit available to eligible corporations, equal to 15% of the capital cost of eligible property.
Regardless of whether your organization plans to or has already started investing in clean energy, or simply plans to see if it may be eligible, it’s critical to understand the tax. A qualifying taxpayer’s ccus itc is comprised of two components:
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