Mr Rubén Darío Gómez Arnaiz

Rubén Darío Gómez Arnaiz


Energy & Natural Resources

Green CUFIN: tax incentive for renewable generation companies
Mexico | 26 October 2020

Green Net Tax Profit Accounts (CUFINs) were established in 2016 as a double tax incentive. The effect of a Green CUFIN is deferral of income tax payment at the corporate level while the shareholders anticipate the benefits of their participation in the entity. This is a valuable incentive for power generation companies and its requirements can be easily complied with through an adequate corporate structure.