The investment tax credit rate for eligible farmers as defined in Tax Law sections 606(n) and 210-B(11), who place qualifying property in service on or after April 1, 2022, is 20%.

For more information, see Investment tax credit (ITC) .

[Subpart A of Part B of Chapter 59 of the Laws of 2022; Tax Law §§ 210-B(a-1) and 606(a)(1-a)]

← Homeowner tax rebate credit (Article 22)Location requirement waiver for tax credits (Articles 9-A and 22) →

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Axiom
New York
Guidance
Tax
Ty2022
Pit Corp Changes
Block 20

Investment tax credit (Articles 9-A and 22)

Official source

The investment tax credit rate for eligible farmers as defined in Tax Law sections 606(n) and 210-B(11), who place qualifying property in service on or after April 1, 2022, is 20%.

For more information, see Investment tax credit (ITC) .

[Subpart A of Part B of Chapter 59 of the Laws of 2022; Tax Law §§ 210-B(a-1) and 606(a)(1-a)]

← Homeowner tax rebate credit (Article 22)Location requirement waiver for tax credits (Articles 9-A and 22) →

in view

Whole section