The first Pan-American highway conference convened October 5, 1925, in Buenos Aires. Mexico was the first Latin American country to complete its portion of the highway, in 1950; the section from the U.S. border at Nuevo Laredo to Mexico City was the first part of the highway completed, in 1936.
After all, the credit is worth up to $1,000 per child. One of the real benefits of this is that itâs a tax credit, not a tax deduction. Unlike a tax deduction, a tax credit reduces your tax bill dollar-for-dollar.
DEFINITION of 'Child Tax Credit'. The Child Tax credit is a credit given to taxpayers for each dependent child who is under the age of 17 at the end of the tax year. The Child Tax credit is a nonrefundable credit that reduces the taxpayer's liability on a dollar-for-dollar basis. The Child Tax credit is intended to provide an extra measure of tax relief for taxpayers with qualifying dependents.