Lifecycle
- Effective
- Last change
Country / jurisdiction: Portugal · Year: 1999 · Status: In force · Level: National · Type: Voluntary
New budget provisions allow purchasers of renewable energy equipment, such as solar panels for residential use, to benefit from a reduced VAT of 5%. Investment costs in renewable end-use technology were deductible from the income tax with a limit to the deduction set at PTE 50 000 in 2000. Beginning in 1999, investors in equipment using solar energy are entitled to claim a depreciation rate of 25% (previously set at 7.14%).
Source
https://www.iea.org/policies/3482Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.