William Mitchell

William Mitchell

Ballard Spahr LLP

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CHIPS Act of 2022: Substantial Tax Benefits for Building Semiconductor Plants in the U.S.

President Biden is expected to sign the CHIPS Act of 2022 (CHIPS Act) into law establishing the “Advanced Manufacturing Tax Credit” (AMTC), a temporary, refundable, non-transferable 25 percent tax credit for investments in...more

8/10/2022  /  Biden Administration , Office of Foreign Assets Control (OFAC) , Semiconductors , Tax Credits
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