Tax Credits
One of the BDC's major functions is to help businesses receive tax credits. The official rule for these credits is a "but for" test: they are only to be used when the project would not go into effect without them.
The BDC mediates several types of credits:
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Famous quotes containing the word tax:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, ‘God, be merciful to me, a sinner!’”
—Bible: New Testament, Luke 18:13.