ABSTRACT
The Accelerated Depreciation of Environmental Investments Measure (Vervroegde Afschrijving van Milieu-investeringen — VAMIL) offers companies the opportunity to apply accelerated depreciation on certain innovative environmentally-friendly operating assets. Thus the measure makes the purchase of environmentally-friendly technologies more attractive. Accelerated depreciation inflates the amount companies can deduct each year for tax purposes from their income to account for the depreciating value of their operating assets. Certain environmentally sound operating assets that companies buy will qualify for accelerated depreciation. In addition to the favourable effects on the environment, the measure is also an incentive for the development and supply of environmental technologies in The Netherlands.
