Country:Czech Republic
Year:2005
Policy status:In Force
Jurisdiction:National
Date Effective:2005
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief, Economic Instruments>Fiscal/financial incentives
Policy Target:Wind>Onshore, Bioenergy>Biomass for heat, Bioenergy>Biomass for power, Geothermal>Heat, Geothermal>Power, Hydropower, Multiple RE Sources>Heating, Multiple RE Sources>Power, Solar>Solar photovoltaic
Policy Sector:Multi-sectoral Policy
Size of Plant Targeted:Small
Agency:Ministry of Finance, Ministry of the Environment
URL:http://Act. No 586/ 1992 Coll., on income tax 4e); Act. No 180/ 2005 Coll., on support of renewable energywww.mzp.cz/en/
Description:An amendment to the 1992 Income Tax Act in 2005 allows for owners of renewable energy equipment producing energy for their own use to be exempt from income tax payments. Eligible devices include: small hydro plants with maximum output of 1MW; wind plants; photovoltaic systems; heating pumps ; biogas and biomass devices; geothermal power. Owners are exempt from paying income taxes for five years, plus the year in which the device or devices were put into operation.

Last modified: Mon, 02 Jul 2012 15:31:58 CEST