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Canada's clean technology manufacturing investment tax credit - an update

|Tax Alerts, National/Federal Taxation, G ...|Canada
Canada

  • The Department of Finance released for public comment draft legislative proposals relating to the clean technology manufacturing investment tax credit (ITC) to clarify and expand the existing rules.
  • This Tax Alert highlights specific clean technology manufacturing ITC updates contained in the latest round of draft legislative proposals, which includes proposed amendments to support polymetallic extraction and processing that were previously announced in the 2024 federal budget.
 

Executive sum…