NAV to audit the use of CIT credit for energy efficiency increasing investments

A tax credit has been available from the corporate income tax (CIT) after investments serving the purpose of increasing energy efficiency. Therefore, it is worth examining in case of a planned investment if energy efficiency improvement is achieved, since in such a case the business may reduce the amount of the income tax due by up to 70%.

In recent years, many taxpayers took advantage of this tax credit, apparently also in case the investment did result only in the slightest increase in energy efficiency. A role was also played in this by businesses providing energy efficiency expert services whose task was to carry out the energy efficiency audits prescribed by law and issue the certificate serving as the basis of the tax credit. No wonder that they were the most active also in advertising the availability of the tax credit. The question is, however, if the solutions proposed by them will also pass the test from a tax law point of view. The moment of truth is fast approaching!

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