Remove accounting standards Remove business tax Remove international accounting standards Remove Transportation
article thumbnail

2022 Federal Budget Highlights

DMCL

The credit applies to the cost of purchasing and installing eligible equipment used to capture CO 2 through an “eligible use” and the equipment is used to capture, transport, store or use CO 2 as part of an eligible project. for eligible transportation storage and use equipment with lower tax credit rates applicable from 2031 to 2040.