Factsheet: Income tax reduction for energy development projects

Income tax reduction for energy development projects

Key Information

Country/Region:

Full name of Instrument & Measure (English): 
Income tax reduction for energy development projects (No. 21/2010)
Description: 
Adjustments to income tax on energy development projects, including net income reduction, accelerated depreciation, dividends reduced for foreign investors and compensation for losses.
Goal/Aim: 
Increase the share of renewable energy in electricity production.

Type (and subtype) :

Sector/Topic targeted:

Responsible Authority: 
Ministry of Finance (MoF)

Status:

Year Instrument & Measure Started: 
2010