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Canada Consulting on Electric Vehicle Supply Chain Investment Tax Credit

|Proposed Changes|Canada
Canada

Canada's Department of Finance has announced the launch of a consultation on draft legislative proposals to implement Budget 2024's Electric Vehicle Supply Chain Investment Tax Credit (EVSC-ITC). The EVSC-ITC is a refundable tax credit for qualifying taxpayers investing in buildings and structures used for EV assembly, battery production, or cathode active material production. It will be avail…

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