What does OITC stand for?

Ontario Innovation Tax Credit (Ontario, Canada)

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Organización Internacional del Trabajo (Spanish: International Labor Organization) Oriental Institute of Technology (Taipei County, Taiwan; est. 1968) Outsourced Information Technology Oxidation Induction Temperature Oxidation Induction Time Oregon Independent Telephone Association (now Oregon Telecommunications Association) Organizzazione Internazionale Trasporti A Fune (Italian: International Organisation for Transportation by Rope; Rome, Italy) Office of Information Technology Communications (Maryland) Office of International Treasury Control (fraudulent organization) Officer-in-Tactical Command		Ontario International Trade Corporation (Canada) Outdoor-Indoor Transmission Class (acoustics) Optoelectronic Industry and Technology Development Association (Japan) Operations and Intelligence Tactical Data Systems Office of Intramural Training and Education (US DHHS) Oman International Trade and Exhibitions (Ruwi, Oman) Other Indirect Technical Effort (contracting) Office of International Technical Cooperation (University of New Mexico; Albuquerque, NM) Operator Interface (Sprint) Outlying Islands Transfer Facilities (waste disposal; Hong Kong)

Samples in periodicals archive:

Parallel Measures The Budget contains a variety of relieving measures to parallel certain federal announcements, including: (i) the temporary 100% capital cost allowance ("CCA") rate for eligible computers and software; (ii) the extension through 2011 of the enhanced 50% straight line CCA rate for M&P machinery; and (iii) the enhancement of the Ontario Innovation Tax Credit ("OITC") for businesses undertaking eligible scientific research and experimental development ("SR&ED").

2009 Ontario Budget Commentary

EWI")(TSX VENTURE:EWS) has received approval from Canada Revenue Agency on its 2003 Scientific Research and Experimental Development refund application and on its 2002 Ontario Innovation Tax Credit (OITC) refund application.

EWI Receives 2003 SR&ED and 2002 OITC Refund

Budget measures relevant to technology companies and their investors include a limited 10-year corporate tax holiday, the Ontario Innovation Tax Credit and the Ontario Interactive Digital Media Tax Credit.

Ontario 2008 Budget: Limited Tax Breaks For The Tech Space