Lifecycle
- Effective
- Last change
Country / jurisdiction: Luxembourg · Year: 2024 · Status: In force · Level: National · Type: Voluntary
The tax relief for investment in an ecological and energy transition project in Luxembourg includes incentives for businesses investing in renewable hydrogen. Eligible businesses can receive an 18% tax relief on investments and operating expenses related to producing or storing renewable hydrogen, which must meet the energy needs of the business by self-sufficient means. The goals of this initiative are to significantly decarbonize production processes, improve energy efficiency, and reduce greenhouse gas emissions by at least 40%, contributing to a sustainable and environmentally friendly energy transition.
Official source: https://guichet.public.lu/en/entreprises/fiscalite/bonification-impot-investissement/bonification-transition-ecologique-energetique.html
Source
https://www.iea.org/policies/28011Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.