Business Tax Credits
Many systems offer various incentives for businesses to make investments in property or operate in particular areas. Credits may be offered against income or property taxes, and are generally nonrefundable to the extent they exceed taxes otherwise due. The credits may be offered to individuals as well as entities. The nature of the credits available varies highly by jurisdiction.
Read more about this topic: Tax Credit
Famous quotes containing the words business and/or tax:
“It is hard to say which is the greatest fool: he who tells the whole truth, or he who tells no truth at all. Character is as necessary in business as in trade. No man can deceive often in either.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
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—Ralph Waldo Emerson (1803–1882)