Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Second Generation Biofuel Credit
Type of subsidy - Income tax concession
Expenditure: FY2018 - Unknown; FY2019 - Unknown; FY2020 - Unknown
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Credit for Holding New Clean Renewable Energy Bonds
Type of subsidy - Income tax concession
Expenditure: FY2018 - 110.0; FY2019 - 120.0; FY2020 - 100.0
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Credit for Holding Qualified Energy Conservation Bonds
Type of subsidy - Income tax concession
Expenditure: FY2018 - 70.0; FY2019 - 70.0; FY2020 - 60.0
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Carbon Oxide Sequestration Credit
Type of subsidy - Income tax concession
Expenditure: FY2018 - 200.0; FY2019 - 70.0; FY2020 - 14.0
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Accelerated Depreciation for Renewable Energy Property
Type of subsidy - Income tax concession
Expenditure: FY2018 - 1,900.0; FY2019 - (a); FY2020 - (a)
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-Table-3.26 |
United States of America |
2022 |
Measures |
Tax concessions |
Forestry |
Relevant information
|
Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Lumber and timber
Programs - Expensing and Seven-Year Amortization for Reforestation Expenditures
Type of subsidy - Income tax concession
Expenditure: FY2018 - 50.0; FY2019 - 40.0; FY2020 - 50.0
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/434/REV.1 |
S-4§144 |
United States of America |
2022 |
Sectors |
Tax concessions |
Energy |
Relevant information
|
4.144. Federal tax credit programs play a key role in new generation capacity. These programs include the Renewable Electricity Production Tax Credit (PTC), the Investment Tax Credit (ITC), and the Residential Energy-Efficient Property Credit (REEPC). Renewable energy developers may choose to benefit from the PTC or the ITC but cannot receive the two benefits. The PTC provides eligible generation facilities with a tax credit per kWh for the first 10 years a facility is in operation. The Further Consolidated Appropriations Act of 2020 (P.L. 116 94) and the Consolidated Appropriations Act of 2021 extended the PTC tax benefit for wind and other renewables facilities that began construction before the end of 2021. Similarly, the ITC, introduced in 2005, has been extended several times since then. Solar and geothermal energy has a permanent 10% ITC; however, the Bipartisan Budget Act of 2018 (P.L. 115-123) and the Consolidated Appropriations Act of 2021 increased the ITC temporarily to 30% through 2021. [132] The REEPC is a tax credit for residential owners for qualifying properties, such as, inter alia, solar electric property, solar water heaters, geothermal heat pumps, small wind turbines, and fuel cell property. Estimated revenue losses related to these tax provisions amounted to USD 13.2 billion and USD 12.6 billion in FY2020 and FY2021, respectively.
[132] The ITC credit rate is reduced to 26% and 22% for facilities commencing construction in 2022 and 2023, respectively. The tax credit rate for offshore wind facilities is 30% until 2025 and does not phase out. CRS (2021), The Energy Credit or Energy Investment Tax Credit (ITC), 23 April. Viewed at: https://crsreports.congress.gov/product/pdf/IF/IF10479.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/429/REV.1 |
S-Table-3.17 |
Mexico |
2022 |
Measures |
Tax concessions |
Energy |
Relevant information
|
Table 3.17 Some tax incentives, 2022
Name of programme: Tax incentives for generating energy from renewable sources
Description: 100% income tax deduction of the cost of machinery and equipment used to generate renewable energy or of systems for the efficient co generation of electricity.
Legal instrument: Article 34, Section XIII of the Income Tax Law (Official Journal of 1 December 2004)
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/411/REV.1 |
S-Summary§19 |
Kyrgyz Republic |
2021 |
Measures |
Tax concessions |
Energy |
Relevant information
|
19. The Kyrgyz Republic applies various types of fiscal incentives. These include: (...) (v) exemptions from corporate income tax and VAT for the production of energy from renewable sources; (...).
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/411/REV.1 |
S-3§84 |
Kyrgyz Republic |
2021 |
Measures |
Tax concessions |
Manufacturing |
Relevant information
|
3.84. Further, in accordance with Law No. 122 of 12 August 2020 on Amending Certain Legislative Acts on Clean Air and Improvement of Tax Administration, the supply of vehicles powered only by an electric motor produced at enterprises in the Kyrgyz Republic is exempt from VAT as at September 2020. (...)
|
Keywords
|
|
|