Lifecycle
- Effective
- Last change
Country / jurisdiction: Mexico · Year: 2013 · Status: In force · Level: National · Type: Voluntary
The Income Tax Law allows companies and individuals to depreciate 100% of expenses on renewable energy equipment in one fiscal period (accelerated depreciation). Equipment must be functional for at least five consecutive years. These incentives apply to all renewable energy applications (Power generation and heating). The utilization of these renewable energy products must be for the main activity of the company or individual (not for supply to others).
Official source: http://www.diputados.gob.mx/LeyesBiblio/pdf/LISR.pdf
Source
https://www.iea.org/policies/5812Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.