Why is valuation in the RES sector so important? High-quality valuations in the renewable energy sector are increasingly becoming a critical component for the successful implementation of investments. The complexity of RES projects – from a regulatory, legal, social, economic, and technological perspective – requires a comprehensive approach, with valuations of companies, projects, and intangible…
Employee volunteering is a popular element of corporate social responsibility (CSR) strategies, whereby employers encourage their staff to engage in social or charitable activities, often with organisational and financial support from the company. From the employer’s perspective, employee volunteering is frequently part of their CSR policy and an added benefit for employees, who can spend…
The renewable energy sector is growing rapidly, yet investors often face unfavourable tax regulations and a strict approach of the tax authorities.One of the major challenges has been the limited possibility of including debt financing expenses (e.g. loan interest) as tax deductible costs. However, a breakthrough is now taking place. The tax authorities have changed…
An increasing number of companies are incorporating ESG (Environmental, Social, and Governance) factors into their business strategies. One of the key challenges in this process is tax risk, which can impact not only financial stability but also reputation and stakeholder relationships. A transparent and regulatory-compliant tax approach is no longer just a legal obligation –…
The European Union faces the challenge of reconciling ambitious climate goals with the need to enhance business competitiveness. The Omnibus Package, announced on February 26, 2025, aims to address these needs. The new regulations seek to simplify sustainability-related legislation and adapt it to economic realities, particularly for small and medium-sized enterprises (SMEs). What legal acts…
Companies are increasingly investing in sustainable development. Green innovations not only help protect the environment but also bring tangible business benefits. One of the tools supporting companies in this transformation is the Research and Development (R&D) tax relief, which allows for additional deductions of specific expenses from the tax base. What is the R&D tax…
As of January 1, 2025, amendments to the thermomodernisation tax relief have come into effect, which may impact the tax settlements of individuals investing in energy-efficient building improvements. The new regulations eliminate the possibility of deducting certain expenses, such as those related to gas or oil boilers, while expanding the relief to cover new categories…
Investing in the renewable energy sector requires careful evaluation of the financing options available. A critical element of this process is assessing the tax implications of each potential financing method. Let’s explore the tax implications associated with the most common methods of financing of renewable energy projects. Intra-group financing through loans Capital groups often use…
The CJEU has once again clarified how to qualify new electromobility-related transactions on the basis of rather general and somewhat old tax rules. Again it was confirmed that the supply of electricity for the purposes of charging an electric vehicle at a charging point forming part of a public network of such points constitutes a…
At the end of July, a further version of the draft amendment to the DRS legislation also addressed tax issues. Although it takes into account a significant part of the postulates made by future participants of the system, the solutions proposed in it as to the settlement of VAT in the bail system opens new…