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An financial investment tax credit is claimed fully within the yr the tax fairness offer money, supplying the Trader an improved chance of predicting its Defeat publicity for that year than endeavoring to project BEAT exposure out ten years in discounts with production tax credits.
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The decrease tax amount will minimize the level of tax equity that could be raised to help finance wind, solar and various renewable Power projects. These projects qualify at this time for your tax credit value at the least 30¢ for each greenback of capital cost and depreciation value 26¢.
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