Direct Equity Tax Credit Program
“Newfoundland and Labrador. Finance”
$50,000.00
Maximum Eligible Amount
Tax Credit
Fund Type
The Direct Equity Tax Credit Program (DETC) is designed to encourage private investment in new or expanding small businesses as a means of creating new jobs and diversifying the economy. An investment credit, in the form of a provincial income tax credit, is available to individuals and arm's length corporations who invest as shareholders in eligible small business activities.
- To encourage private investment in new or expanding small businesses as a means of creating new jobs and diversifying the economy.
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