Who can claim

To claim the Clean Hydrogen ITC, you must:

• Be a taxable Canadian corporation (including a taxable Canadian corporation that is a member of a partnership)
• Have a qualified clean hydrogen project, and have acquired eligible clean hydrogen property that becomes available for use in the year

Effective November 28, 2023, employers who elect to meet the labour requirements can avoid being limited to the reduced tax credit rate.

Refer to: Avoid the reduced tax credit rate for clean economy ITCs

Claiming one or more ITCs

You can generally claim only one of the clean economy ITCs for the same eligible property. For example, you cannot claim the Clean Hydrogen ITC if you claim the Clean Technology ITC for a particular property.

You may claim multiple clean economy ITCs for the same project, if the project includes different types of eligible property.

Additionally, you can claim both the Clean Hydrogen ITC and the Atlantic investment tax credit for the same property.