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New climate law opens door to corporations buying tax credits

Por: Newsweek Business September 24, 2022

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Renewable energy tax credits have been expanded and are now transferable after last month's passing of the Inflation Reduction Act. Major corporations can act to secure the more accessible tax credits in search of smaller tax bills.The Inflation Reduction Act, which narrowly passed the House in August, is predicted to raise $737 billion in new tax and health care savings revenue, trim the national debt by more than $300 billion and also... + full article



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