Factsheet: Tax Code - Tax Credit

Tax Code - Tax Credit

Key Information

Country/Region:

Full name of Instrument & Measure (English): 
Tax Code - tax credit
Full name of Instrument & Measure (native language): 
Code général des impôts - crédit d'impôt
Description: 
In 2001, the tax credit was extended to include renewable energy sources. Accordingly, natural persons may deduct from income tax a certain percentage of investments in renewable energy plants. Art. 18 bis of Annex IV of the Code Général des Impôts lists all eligible plants and specifies technical and performance requirements. Further provisions regarding the implementation of the tax credit are laid down in Instruction fiscale 5 B-26-05 N° 147, Instruction fiscale 5 B-17-07 N° 88, Instruction fiscale 5 B-10-09 N° 38, Instruction fiscale 5 B-20-10 N° 77 and Instruction fiscale 5 B-22-09 N° 65. The crédit d'impôt for renewable energy plants will apply until the end of 2012 (art. 200 quater, Code Général des Impôts, referred to and specified in Instruction fiscale 5 B-22-09 N° 65). However, it is extended until 2015 for installations carried out in buildings completed since more than two years (Art. 200 quater, Code Général des Impôts).
Goal/Aim: 
Stimulate investments in renewable energy.

Sector/Topic targeted:

Responsible Authority: 
Ministère de l’Economie et des Finances - Ministry of Economic Affairs and Finance

Status:

Year Instrument & Measure Started: 
2001
Year Last Instrument & Measure was last Amended: 
2014
Year Instrument & Measure Ended: 
2015