The Law Amending Tax Laws, Certain Laws and Decrees (the
"Omnibus Law") was published in the
Official Gazette dated 27 March 2018 and numbered 30373. The
Omnibus Law brings important amendments concerning unlicensed
energy market activities including certain tax exemptions.
According to the Unlicensed Energy Market
Regulation1, generation of electricity based on
renewable energy resources (i.e. solar and wind power) at so-called
"rooftop power plants" is regarded as an unlicensed
market activity. According to the amendment made to Article 9 of
the Income Tax Law by the Omnibus Law, real persons who sell excess
energy generated from rooftop power plants with a maximum installed
power of 10 kW will be exempt from income tax with respect to
revenues derived from such sale. This exemption is intended to
promote more widespread use of solar capacity in the context of
non-commercial electricity generation.
