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France Brings Green Industry Investment Tax Credit into Force

|Approved Changes|France
France

France has published Decree No. 2024-212 of 11 March 2024 in the Official Gazette, which brings into force the provision of the Finance Law for 2024 that introduced a new tax credit for investments in "green industry" that contribute to the development of strategic sectors for the transition to a low-carbon economy. As previously reported, the credit is available with respect to the production of batteries, solar panels, wind turbines, and heat pumps, and is limited to investment plans appro…

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