Estonia: Exemption for sale of surplus electricity by small “green” producers

Amendments providing income tax exemption for small “green” electricity producers approved

Amendments providing income tax exemption for small “green” electricity producers approved

The Parliament (Riigikogu) on 15 February 2023 approved amendments to the Electricity Market Act, providing an income tax exemption for small “green” electricity producers (i.e., using renewable energy sources like solar panels or wind turbines)) that sell surplus electricity.

The amendments apply retroactively to 1 January 2022.

Read a March 2023 report prepared by the KPMG member firm in Estonia

 

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