Country:Colombia
Year:2002
Policy status:In Force
Jurisdiction:National
Date Effective:2002
Policy Type:Economic Instruments, Economic Instruments>Fiscal/financial incentives>Tax relief, Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums, Economic Instruments>Fiscal/financial incentives>Taxes
Renewable Energy Policy Targets:Multiple RE Sources
Policy Sector:Framework Policy
Agency:Ministry of Finance and Public Credit
URL:http://www.secretariasenado.gov.co/senado/basedoc/ley/2002/ley_0788_2002.html
Renewable Energy Description:

As part of a wider tax reform, ethanol destined for blending with gasoline for motor vehicles was exempted from the global tax on gasoline. Ethanol, as a fuel, was exempted from VAT. According to Article 18 of the law, the sale of electricity generated from wind, biomass and agricultural residue was exempted from income tax (after fulfillment of some conditions). 

Last modified: Tue, 07 May 2013 13:49:38 CEST