INTIEAColombia · Tax exemptions and incentives for ethanol producers (Law 788)PolicyIn force

Tax exemptions and incentives for ethanol producers (Law 788)

As part of a wider tax reform, ethanol destined for blending with gasoline for motor vehicles was exempted from the global tax on gasoline. Ethanol, as a fuel, was exempted from VAT. According to Article 18 of the law, the sale of electricity generated from wind, biomass and…

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Country / jurisdiction: Colombia · Year: 2002 · Status: In force · Level: National · Type: Voluntary

As part of a wider tax reform, ethanol destined for blending with gasoline for motor vehicles was exempted from the global tax on gasoline. Ethanol, as a fuel, was exempted from VAT. According to Article 18 of the law, the sale of electricity generated from wind, biomass and agricultural residue was exempted from income tax (after fulfillment of some conditions).

Official source: http://www.secretariasenado.gov.co/senado/basedoc/ley/2002/ley_0788_2002.html

Source

https://www.iea.org/policies/5367

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