How much corporate income tax exemption is offered to a private power generation company?
Oct 07, 2021
Private sector power generation company (other than coal-based and starting after
1 Jul. 2016) is entitled for income tax exemption in the following manner:
- Project income is 100% exempted from income tax for the first five years from the
commencement of commercial operation,
- 50% up to the next three years,
- 25% up to the following two years.
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