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Solar Panels. National Production. Tax Benefits

Original Language Title: Paneles Solares. Produccion Nacional. Beneficios Tributarios

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Legislative Power/ Eastern Republic of Uruguay
Published D.O. 19 JUL/016-Nº 29498

Law No. 19.406

NATIONAL PRODUCTION OF SOLAR PANELS FOR
PHOTOVOLTAIC POWER GENERATION

TAX BENEFITS ARE GRANTED FOR PROMOTION

The Senate and the House of Representatives of the Eastern Republic of Uruguay, meeting in General Assembly,

DECREE:


1.-Add to Article 19 (1) of Title 10 of the 1996 Ordered Text, the following literal:

“S) Solar panels for photovoltaic power generation.

Set up a Value Added Tax return scheme included in purchases in place and imports of goods and services intended for the manufacture of the goods mentioned in this literal ”.

Article 2º.-Facultate the Executive Branch to grant the exoneration of any surcharge, including the minimum surcharge, the Single Customs Tax on Import, the Rate of Mobilization of Bults, the Consular Rate and in general of all taxes the application of which corresponds to on the occasion of the importation, including the value added tax (VAT), to the goods destined to integrate the cost of the solar panels for the generation of photovoltaic energy, provided that have been declared non-competitive with the domestic industry.

Chamber of Sessions of the Chamber of Senators, in Montevideo, on June 15, 2016.

LUCIA TOPOLANSKY,
President.
Jose Pedro Montero,
Secretary.

MINISTRY OF INDUSTRY, ENERGY AND MINING
 MINISTRY OF ECONOMY AND FINANCE

Montevideo, June 24, 2016.

Comply, acknowledge receipt, communicate, publish and insert into the National Register of Laws and Decrees, the Law for the promotion of national production of solar panels for the generation of energy photovoltaic.

TABARE VAZQUEZ.
CAROLINA COSSE.
DANILO ASTORI.

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Montevideo, Uruguay. Legislative Power.