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U. S. house of Representatives launched the rare earth magnet tax credit draft!
Published:2021/08/13
According to media reports, two U.S. congressmen proposed a draft on Tuesday to expand tax relief for U.S. rare earth enterprises and magnet enterprises. The bill stipulates that neodymium iron boron magnets produced in the United States can get a tax credit of $20 per kilogram, while magnets made of rare earth in the United States can get a tax credit of $30 per kilogram.