Tax Credit for Energy and Ecological Transition - Bonification d'impôts transition énergétique et écologique
The tax relief for investment in an ecological and energy transition project in Luxembourg includes incentives for businesses investing in renewable hydrogen. Eligible businesses can receive an 18% tax relief on investments and operating expenses related to producing or storing renewable hydrogen, which must meet the energy needs of the business by self-sufficient means. The goals of this initiative are to significantly decarbonize production processes, improve energy efficiency, and reduce greenhouse gas emissions by at least 40%, contributing to a sustainable and environmentally friendly energy transition.
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