Energy producers from renewable energy sources are exempted from paying taxes
22/05/2019 16:57
Energy producers from renewable energy sources are exempted from paying taxes
22/05/2019 16:57
Tashkent, Uzbekistan (UzDaily.com) – President of Uzbekistan Shavkat Mirziyoyev signed a law on the Use of Renewable Energy Sources.
In accordance with the Law, renewable sources of energy are the energy of the sun, wind, heat of the earth (geothermal), natural movement of water flows, biomass, which are naturally restored in the environment.
The Ministry of Energy is a specially authorized government agency for the use of renewable energy sources.
Scientific, technical and innovative support for the production of renewable energy installations is carried out by state and economic management bodies in cooperation with the Academy of Sciences.
Renewable energy producers are exempt from property tax for renewable energy installations and land tax on the areas occupied by these facilities (with a nominal capacity of 0.1 MW or more) for a period of ten years from the date of their commissioning.
Producers of renewable energy installations are exempt from paying all types of taxes for a period of five years from the date of their state registration.
Individuals are exempted from payment of land tax, as well as the tax on property for using renewable energy sources in residential premises with a complete disconnection from existing energy networks, for a period of three years, starting from the month of using renewable energy sources.
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