There are two forms of public financial aid in favour of the environment and energy savings, largely relating to investment :
3Direct project aid : subsidies and repayable advances, depending on the amount of the investment.3
These subsidies are not automatic and are allocated by decision-making bodies following examination of an application presenting the project, evaluating its relevance with regard to the policies and priorities supported and budgets available.
The main types of project aid are :
3Tax incentives, in the form of exemptions, tax credits and tax relief, or accelerated tax write-off (to accelerate investment write-off deduction from the taxable result and therefore reduce the profit tax paid at the time of the investment).3
Unlike subsidies and repayable advances, tax incentives are automatic when eligibility criteria are fulfilled ; there are no relevance criteria. Of course, the tax authorities examine compliance with eligibility criteria, which are not always simple. In case of doubt, taxpayers can contact the tax authorities beforehand and obtain a written opinion (tax exemption procedure).