From the article: >The federal government ... grants a qualified child-care program a yearly tax credit of $150,000. In addition, the government allows a compa

From the article: >The federal government ... grants a qualified child-care program a yearly tax credit of $150,000. In addition, the government allows a company to deduct 35% of its unrecovered costs from its corporate tax bite. This may just be unfortunate phrasing. The author uses the word "deduct" but then says its deducted "from its corporate tax bite", not EBITA. As you point out a reduction in EBIDTA does reduce the tax bill, just not 1:1 like a tax credit. The phrase isn't clear that its another tax credit or a deduction. Minus points for a lack of clarity either way...