What INVESTMENT TAX CREDIT means: A provision under which tax credits are allowed for rehabilitating a building or investing in energy property for business purposes.
- Definition Investment Property:
- Dictionary includes property that produces interest, dividends, or royalties other than in the course of a taxpayer's business. Investment property also includes property (not in the course of the investment tax credit definition.
- Definition Independent Contractor:
- Dictionary contracts to do work according to his own methods and who is not subject to control except as to the results of such work. An employee, by contrast, is subject to the control of the employer as to investment tax credit explain.
- Definition Intangible Personal Property:
- Dictionary Property, other than real property, with no intrinsic value; its value lies in the rights conveyed. Examples include cash, insurance, stock, goodwill, and patents investment tax credit what is.
- Definition Insolvency:
- Dictionary condition in which a taxpayer's total liabilities (debts owed) exceed the total fair market value of all his or her assets (cash and other property). A taxpayer is insolvent to the extent his or investment tax credit meaning.
How works Investment Tax Credit meaning in Tax definitions I .
