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Federal Government Releases Legislative Proposals for Clean Technology Investment Tax Credit | Bennett Jones LLP

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.

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