ITC
noun
ukusCOMMERCE
abbreviation forInternationalTradeCommission: a USgovernmentorganizationthat makesrulescontrollingimportsandexports:
The ITCfoundthat the UScompanywas beingharmedbycheapimports.
TAXUS
abbreviation forinvestmenttaxcredit: areductionintaxesoncompanyprofits:
The ITCallowsbusinessownerstoreceiveataxcreditfor up to 30% of thecostof anenergy-efficientproject.