Factsheet: Energy investment allowance

Energy investment allowance

Key Information
Full name of Instrument & Measure (English): 
Act on the Income Tax - Energy Investment Allowance
Full name of Instrument & Measure (native language): 
Wet inkomstenbelasting (Wet IB) - Energie-investeringsaftrek (EIA)
Description: 
Act on the Income Tax: the act introduces a tax credit on investments in renewable energy, the EIA. This tax benefit enables entrepreneurs based in the Netherlands to write off investments in renewable energy plants against tax. The eligibility criteria are extensively described in the Energy List. This list will be updated annually. The level of funding depends, among other things, on the source of energy and the type of plant used.
Goal/Aim: 
stimulate investments in renewable energy stimulate biofuel production plants

Sector/Topic targeted:

Responsible Authority: 
Belastingdienst – Dutch Tax Authority / Rijksdienst voor Ondernemend Nederland (RvO)

Status:

Year Instrument & Measure Started: 
2001
Year Last Instrument & Measure was last Amended: 
2016