Factsheet: Income tax facilities for investment in certain business fields and/or certain regions

Income tax facilities for investment in certain business fields and/or certain regions

Key Information
Full name of Instrument & Measure (English): 
Income tax facilities for investment in certain business fields and/or certain regions No. 1/2007
Description: 
The biofuels industry is one of the sectors eligible for incentives detailed in Government Regulation No. 1/2007. These incentives take the form of income tax reduction, accelerated depreciation and amortisation, and a government guarantee against operational losses.
Goal/Aim: 
Provide information on biofuels
Responsible Authority: 
Ministry of Finance

Status:

Trade Relevance: 
Policies with direct impact on imports/exports
Year Instrument & Measure Started: 
2007