Tax Deduction for Efficient Equipment

Source: International Energy Agency
Last updated: 5 November 2017
This Ordinance establishes an extension of the IRS tax deduction on expenses with efficient equipment made by individual contributors, extending such deductions to equipment and work to improve the thermal performance of buildings. This measure aims to strengthen the direct stimulus to the taxpayer, leading to a reduction in energy bills, enhancing the IRS ties to climate and energy related concerns.