SILVER SPRING, MD / ACCESSWIRE / October 18, 2022 / IJJ Corporation (IJJ Corp), (OTC PINK:IJJP). Shareholder Update: On August 22, 2022, President Joe Biden signed the Inflation Reduction Act of 2022, which included a 15% corporate income tax on companies with $1 billion or more in annual profits.
The Inflation Reduction Act of 2022 gives IJJ Corporation a significant boost that extends the period for funding its economic Impact Program.
In May of 2022, four months before the Inflation Reduction Act of 2022, IJJ Corporation, Building a Business Partnership mission under its Social Responsibilities Commitment (SRC) and Our Economic Impact Infrastructure, established a venture titled the Revitalized Renaissance Program(RRP).
One of the critical resources for funding RRP was the 2017 Tax Cut, which expires in 2025 without the federal budget extension; the anticipated cutoff is December 2026. Fortunately, the 15% corporate Income tax provides an indefinite period for companies to take advantage of tax Cuts.
The objective combines nine integral business units:
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First, establish Partnerships with fortune, the Top 2500 (T2500) companies in the United States with similar SRC to participate with IJJ Corp in RRP.
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Designate the Opportunity Zone (O.Z.) nationwide for Economic Impact Developments.
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The acquisition and refurbishing of Shopping Malls into training, and job placement centers, creating assembly factories and distribution operations in the O.Z.
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Operate a Committee Structured Qualify…
