Mexico

Accelerated Depreciation for Investments with Environmental Benefits

Legislative
Law
Passed in 2009
The bill establishes that investments in environmentally friendly technologies, including renewable energy, could profit from accelerated depreciation. The information of the bill involves the Secretariat of Natural Resources and Environment as well as the Secretariat of Finance.

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
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