Aragon - New taxes on wind and photovoltaic generation

2024-05-30T14:08:00
Spain
The autonomous region of Aragon has published Act 2/2024, creating new taxes on wind farms and photovoltaic power plants
Aragon - New taxes on wind and photovoltaic generation
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May 30, 2024

Act 2/2024 creates two new environmental taxes in the autonomous region of Aragon.

The environmental tax on wind farms and the environmental tax on photovoltaic plants seek to offset the environmental impact of these facilities.

These new taxes may have significant economic effects for owners of wind farms and photovoltaic plants located totally or partially in the autonomous region of Aragon.

The new Act also provides for exemptions, reductions and deductions that will reduce the tax burden in some cases. 
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May 30, 2024