Introduces new incentives for investments in renewable energy
19 Oct 2022
On 19 October 2022, the Government adopted Royal Decree-law 18/2022 that permits unrestricted depreciation/amortization, for corporate income tax purposes, for investments in facilities intended for self-consumption of electricity from renewable sources. The incentive also applies to investment in facilities for thermal use for own consumption that use energy from renewable sources, and that replace facilities that use energy from fossil fuels.
These incentives are available for investments that come into service in 2023, and up to a maximum amount of 500,000 euros.
-
Type:
-
Treatment and operation (Corporate taxation)
-
Promotion and facilitation (Investment incentives)
-
Industry:
-
Not industry specific (SDG)
-
Sources:
