Massachusetts law exempts any "solar or wind powered climate control unit and any solar or wind powered water heating unit or any other type unit or system powered thereby," that qualifies for the state's excise tax deduction for these systems from the tangible property measure of the state's corporate excise tax. The exemption is in effect for the length of the system's depreciation period.
Note: For information about what constitutes the corporate excise tax, please visit the official Massachusetts website.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Massachusetts |
| Incentive Type: | Corporate Tax Exemption |
| Web Site: | http://www.mass.gov/dor/businesses/current-tax-info/guide-to-corporate-excise-tax/deductions.html#solar |
| Administrator: | Massachusetts Department of Revenue |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | 100% of the tangible property portion of the excise tax |
| Maximum Incentive: | None |
| Name: | MGL ch. 63, § 38H |
| Date Enacted: | 1976 |
| Name: | Massachusetts Department of Revenue |
| Address: |
P.O. Box 7010 Boston MA 02204 |
| Phone: | (800) 392-6089 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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