Peru

Promoting Investment Activity for the Generation of Electricity from hydropower and other renewable sources, Legislative Decree No 1058

Legislative

Law

Passed in 2008

This legislation incentivises investment in renewable energy by issuing special tax write-offs. Specifically, equipment, machinery and civil engineering works associated with the installation and operation of renewable energy generation are considered to depreciate value at an accelerated rate (not exceeding 20% annually).

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