Advanced Manufacturing Production Credit - CHIPS Act (IRC sections 45D)

Industry: Semiconductor and Computer Chip Design & Manufacturing

Advanced Manufacturing Production Credit CHIPS addition (IRC sections 45D)

Tax credit for domestic manufacturing of semiconductors and equipment to manufacture semiconductors

Credit is 25% of the investment in a manufacturing facility

Must be placed in service after 2022

Construction must begin before 2027

Does your company manufacture semiconductors or related manufacturing and analytical equipment or software?

Yes
No