Mexico
Accelerated Depreciation for Investments with Environmental Benefits
Legislative
Law
Passed in 2009
The bill allows investors to deduct up to 100% of the investment in renewable energy projects from tax liability during the first year, in accordance with General Law for Ecological Equilibrium and Environmental Protection. Once the tax deduction is granted, the plant must remain active for at least 5 years.
Documents
from the Grantham Research Institute
from the Grantham Research Institute
