Sweden Tax Agency Clarifies Income Tax Reduction for Battery Installation of Green Technology

The Swedish Tax Agency Nov. 30 issued Clarification No. DNR 8-2644647, on the income tax reduction for the self-produced electricity missing on the battery installation of green technology. The clarification explains that: 1) the installation of solar cells, batteries, and charging points are separate and eligible for the credit, to which contractors must apply for payment of installations falling within green technology; 2) the solar installation must be connected to a plant for self-produced electricity connected to the electricity grid and a facility for self-production of renewable electricity must be installed on the property or that installation of such a ...