Green Technology Tax Credit (GTTC)
Canadian Controlled Private Corporations (CCPC’s) that invest in equipment that generates or conserves renewable-source energy, uses fuels from waste, or makes efficient use of fossil fuels may be entitled to a credit equal to 20% of the capital cost of that equipment.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available 20% of the capital cost of that equipment
Type of Grant
Tax Credit
Sectors
Finance, Clean Energy, Clean Tech, Environmental Sustainability, Manufacturing, Oil & Gas
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Eligibility:
- Corporations with a permanent establishment in Newfoundland and Labrador
- Property eligible to be included as capital property of Class 43.1 or 43.2 under the federal income tax act that is;
- Located in Newfoundland and Labrador
- Acquired for use in the course of a business operating in Newfoundland and Labrador
Grant Application website
https://www.gov.nl.ca/fin/tax-programs-incentives/business/green-tech-tax-credit-gttc/
Contact
Department of Finance
P.O. Box 8700
Main Floor, East Block Confederation Building
St. John’s, NL A1B 4J6
Tel: (709) 729-3166
Email: finance@gov.nl.ca