Article Posted date
17 August 2023
Finance recently released draft legislation for several green economy incentives including the new Clean Technology Investment Tax Credit, the Carbon Capture, Utilization and Storage (CCUS) Investment Tax Credit, and the related labour requirements to access the highest credit rates. The draft legislation also includes enhancements to the reduced tax rates for zero-emission technology manufacturers and expanded eligibility for the Critical Mineral Exploration Tax Credit. Finance is asking for feedback on this draft legislation by September 8, 2023.
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