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Holtec, Firm Fined $5M Over NJ Tax Credit Applications

By Carla Baranauckas ( January 30, 2024, 8:30 PM EST) -- A New Jersey-based energy technology company and a real estate firm are avoiding criminal prosecution for unlawfully exploiting a state tax incentive program by agreeing to pay $5 million in penalties and be monitored in future applications for state benefits, the state attorney general announced Tuesday. . . .

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