CHIPS Act Deep Dive Part 2: Advanced Manufacturing Investment Tax Credit
October 6, 2022
Stay Connected
Matt Brady, our Industrial Industry Leader, and Ron Wainwright, a Strategic Tax Partner in our Tax Credits and Incentives Advisory group, are continuing their conversation on the benefits of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act for the industrial industry.
This podcast will be highlighting the various funding programs that are now established and available for manufacturers producing semiconductors to take advantage of and how they are able to do so.
The podcast covers the following topics:
- Background on the CHIPS Act
- New Advanced Manufacturing Investment Tax Credit (AMITC)
- AMITC Eligibility and Requirements
- AMITC and Qualified Property
- How to Incentivize Semiconductor Production in the U.S.
Stay tuned for Cherry Bekaert’s next CHIPS Act podcasts that will dive deeper into CHIPS funding and Manufacturing Production Credit and the Advanced Manufacturing Credit.
See our previous podcasts in this series that you may have missed:
- CHIPS Act Deep Dive Part 1: New Federal Funding for the Industrial Manufacturing Industry
- CHIPS Act Deep Dive Part 3: American Manufacturing Credit and Manufacturing Production Credit
- CHIPS Act Deep Dive Part 4: Unpacking the Complexities of the Many Tax Credits Under the CHIPS Act and the IRA of 2022
- CHIPS Act Deep Dive Part 5: New Ways to Monetize Energy Tax Credits for the Industrial Industry