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Federal Government Releases Legislative Proposals for Clean Technology Investment Tax Credit

On August 4, 2023, the Federal Government released proposed legislation for the Clean Technology Investment Tax Credit Clean Tech ITC, as proposed by the 2022 Fall Economic Statement the 2022 FES and as modified by Budget 2023. The proposed legislation largely conforms to what was previously announced, as we previously discussed following the original announcement of the Clean Tech ITC in the 2022 FES.
Bennett Jones Greg Johnson Brendan Sigalet Clean Technology Investment Tax Credit Tech Bennett Jones Tax Or Energy National Revenue

Government of Canada Releases Package of Proposed Domestic and International Tax Legislation | Davies Ward Phillips & Vineberg LLP

The Department of Finance (Finance) released draft tax legislation for public consultation on August 4, 2023, with a stated focus on promoting tax fairness and a clean economy. The...
United States Clean Technology Investment Tax Credit Group Ratio Election Investment Tax Credit For Clean Technology Manufacturing Clean Technology Investment Tax Credit For Clean Hydrogen

Clean Energy Incentives: August 4, 2023 Legislative Proposals Relating to the Income Tax Act and Regulations | Stikeman Elliott LLP

On August 4, 2023, the Department of Finance of Canada released significant legislative proposals relating to the federal government’s proposed measures to grow Canada’s clean economy....
Stikeman Elliott Clean Technology Clean Technology Investment Tax Credit Canada Revenue Agency Department Of Finance Canada Legislative Proposals

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