Country:Netherlands
Year:1997
Policy status:In Force
Date Effective:1997
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Framework/ Multi-sectoral Policy
Agency:Agency NL / Ministry of Finance
URL:http://www.minfin.nl
Funding:2011:EUR 151 million
Description:The tax scheme known as EIA aims to save energy by stimulating investment in energy efficient assets and renewable energy technologies. As of 2004, companies could deduct from the taxable profit 55% of investments in equipment related to energy conservation and renewable energy. It allows investment in certain technologies (including wind) to be deducted from taxable profit up to a percentage of investment costs. In 2007, this percentage was 44 %. With a 2007 taxation level of 25,5% (down from 31,5% in 2005) for Dutch entrepreneurs, the EIA amounts to a discount of approximately 11% of the investment costs if the entrepreneur can use the full deduction. In 2007, the maximum deduction was EUR 110 million per year per fiscal entity, up from EUR 107 million in 2005. As of 2007, the minimum investment (in the year of application) was EUR 450, down from EUR 2 000 in 2005. The EIA can be seen as a reduction in investment costs. Eligible equipment appears on the list "Energielijst" of the EIA.

Last modified: Mon, 30 Jul 2012 14:06:59 CEST