Tax incentives for renewable hydrogen (Law 16906)

Law 16906 introduced some incentives for industrial assets and Decree 268/020 extended those to renewable hydrogen. Incentives Increased minimum tax exemption from 20% to 30% of eligible investments; Extended minimum exemption period from 3 to 4 fiscal years; Reduced weekly hours requirement for considering employment from 40 to 30 hours; Increased weighting for Employment Generation and Export Increase indicators; Potential IRAE (corporate income tax) exemption of up to 90% of payable tax; (6) Additional 10% IRAE benefit for small companies

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