El Salvador Amends Tax Incentives for Renewable Energy
On 15 October 2015, El Salvador's National Assembly approved amendments to the country's Tax Incentives Law for the Promotion of Renewable Energy Used in the Generation of Electricity. The amendments expand the availability of the incentives, which include:
- A 10-year income tax exemption for projects producing up to 10 megawatts from renewable energy sources;
- A 5-year income tax exemption for …