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France: EUR 2.9 billion tax incentive scheme to support development of green industries

Description

On 8 January 2024, the European Commission approved a EUR 2.9 (USD 3.18) billion tax credit scheme from France. The state aid will "incentivise investments" in the production of solar panels, batterie...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jan 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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