Beyond existing state subsidies for energy efficiency and renewable energy projects, tax allowances introduced in 2017 mean new types of support for energy-related investments.
The establishment of an EV (“electronic vehicle”) charging station entitles the investor to the double deduction of investment costs when calculating its corporate income tax base. The maximum of such deduction is approximately EUR 1.8 million per EV charging station created.
Another tax allowance relates to investments improving energy efficiency. Thirty per cent of the total costs of assets and IPs connected to an investment aimed at the reduction of final energy consumption may be used as a deduction from the corporate tax payable. The maximum amount of the tax allowance is EUR 15 million and shall be utilized within five years of the date when the investment is put into operation.