Federal Tax Exemptions
Description The Federal Government provides a number of tax exemptions for renewable energy and energy efficiency projects. Ethanol, methanol and biodiesel are exempt from the 10% federal excise tax on motor fuels and investments in energy-producing and renewable energy equipment are eligible for an accelerated write-off under Class 43.1, Schedule II of the Income Tax Act.
Comments View the website for eligibility criteria and more details. Contact Information
Please see the website: www.cra-arc.gc.ca/menu-e.html. Website: www.cra-arc.gc.ca/menu-e.html |