|Policy status:||In Force|
|Legal References:||Law 24/2001 of December 27th, 2001 on fiscal, administrative and social measures|
|Renewable Energy Description:|
This Law (24/2001) offers corporate tax deductions for investments in renewable energy sources. Those investments that were originally for Royal Decree 1663/2000 have been incorporated into this Law. Eligible investments entitle firms to a 10% tax deduction in the case of investments in installations or equipment using solar power, biomass from agricultural or forestry waste, solid municipal waste and biofuels.These tax deductions are not applicable to wind power equipment or installations.
Last modified: Tue, 02 May 2017 18:42:23 CEST