How is the depreciation period of fixed assets regulated in the tax law?

According to Article 60 of the Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China (Order No. 512 of the People's Republic of China), "Unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows: (1) Houses and buildings, 20 years.

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment.

3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years.

4) 4 years for means of transport other than airplanes, trains, and ships.

e) electronic equipment, for 3 years.

Depreciation of fixed assets.

It refers to the part of the value of fixed assets that is gradually lost in the process of use and transferred to commodities or expenses, and it is also the cost of fixed assets apportioned by enterprises during their service life due to the use of fixed assets in the process of production and operation. Determining the depreciation range of a fixed asset is a prerequisite for accruing depreciation.

A monetary estimate of the value of the capital expended during the period examined. Also known as capital consumption allowance in the national income account.

Depreciation of fixed assets refers to the systematic apportionment of the accrued depreciation amount according to the determined method during the useful life of the fixed assets. Useful life refers to the expected life of a fixed asset, or the quantity of goods or services that the fixed asset can produce.

Accrued depreciation refers to the amount of the original price of a fixed asset for which depreciation is accrued after deducting its estimated net residual value. For fixed assets for which provision for impairment has been made, the cumulative amount of provision for impairment of fixed assets shall also be deducted.

Regarding the minimum period of depreciation of fixed assets, Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates that, unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1) Houses, buildings, 20 years;

2) 10 years for aircraft, trains, ships, machines, machinery and other production equipment;

3) 5 years for appliances, tools, furniture, etc. related to production and business activities;

4) 4 years for means of transport other than airplanes, trains, and ships;

5) electronic equipment, for 3 years.

Article 61 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates that enterprises engaged in the exploitation of petroleum, natural gas and other mineral resources shall separately stipulate the expenses incurred before the start of commercial production and the depreciation and depreciation methods of relevant fixed assets.

Article 64 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates that the minimum period for calculating depreciation of productive biological assets is as follows:

1) 10 years for forest and tree productive biological assets;

2) 3 years for livestock productive biological assets.

Article 98, the term "fixed assets that can be shortened depreciation period or accelerated depreciation" mentioned in Article 32 of the Enterprise Income Tax Law include:

1) Due to technological progress, fixed assets with rapid product upgrading;

2) Fixed assets that are in a state of strong vibration and high corrosion all year round.

Unless otherwise stipulated by the State Council, the Ministry of Finance, and the Department of Taxation, the minimum period for calculating depreciation of fixed assets is as follows:

1) 20 years for houses and buildings;

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment.

3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years.

4) 4 years for means of transport other than airplanes, trains, and ships.

e) electronic equipment, for 3 years.

Article 64 stipulates that the minimum period for calculating depreciation of productive biological assets is as follows:

1) 10 years for productive biological assets of forest trees;

2) 3 years for livestock productive biological assets.

The above is the minimum depreciation period stipulated by the enterprise income tax on fixed assets, and the depreciation of fixed assets calculated by the enterprise according to the depreciation period is not less than the above depreciation period, which can be calculated and deducted before the current income tax. That is to say, when the depreciation of fixed assets is calculated, if it is less than or equal to the depreciation period of the minimum depreciation period, the depreciation accrued can be deducted before the current income tax, and if it is greater than the minimum depreciation period, the depreciation accrued needs to be deferred at a later stage.

The provisions of the new enterprise income tax law on the depreciation period of fixed assets2008-12-23 16:18 Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates: Unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1) 20 years for houses and buildings;

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment.

3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years.

4) 4 years for means of transport other than airplanes, trains, and ships.

e) electronic equipment, for 3 years.

Article 63 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates that the depreciation of productive biological assets calculated according to the straight-line method is allowed to be deducted.

Enterprises shall calculate depreciation from the month following the month in which the productive biological assets are put into use; Depreciation shall cease to be calculated from the month following the month in which the use of productive biological assets is discontinued.

Enterprises shall reasonably determine the estimated net residual value of productive biological assets based on the nature and use of productive biological assets. Once the estimated net residual value of a productive biological asset has been determined, it may not be changed.

According to Article 31 of the Detailed Rules for the Implementation of the Provisional Regulations of the People's Republic of China on Enterprise Income Tax:

3) The basis and method of extracting depreciation.

1. Depreciation of fixed assets of taxpayers shall be calculated from the month following the month in which they are put into use; For fixed assets that are out of use, depreciation shall cease to be accrued from the month following the month in which they are no longer in use.

2. Before calculating depreciation, the residual value of fixed assets shall be estimated and deducted from the original price of fixed assets, and the proportion of residual value shall be within 5 of the original price, which shall be determined by the enterprise itself; If it is necessary to adjust the residual value ratio due to special circumstances, it shall be reported to the in-charge tax authorities for the record.

Legal analysis: the minimum period for depreciation of fixed assets is: 20 years for houses and buildings; 10 years for airplanes, trains and other production equipment; 5 years related to production and operation of equipment; 4 years for airplanes, trains, and ships to stop other means of transport; 3 years for electronic devices.

Legal basis: Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China Unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1) Houses and buildings, for 20 years;

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment;

3) Appliances, tools, furniture, etc. related to production and business activities, for five years;

4) four years for means of transport other than airplanes, trains, and ships;

e) Simple key electronic equipment, for three years.

Unless otherwise stipulated by the competent financial and tax authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1.houses, buildings, 20 years;

2.10 years for aircraft, trains, ships, machines, machinery and other production equipment;

3.5 years for appliances, tools, furniture, etc. related to production and business activities;

4.4 years for means of transport other than airplanes, trains, and ships;

5.electronic equipment, for 3 years.

So is the depreciation of fixed assets in the current month or the next month?

Depreciation of fixed assets is made in the following month. For fixed assets that increase the pre-masked code in the current month, depreciation will not be accrued in the current month, and depreciation will be accrued from the next month; Depreciation is still accrued for fixed assets reduced in the current month, and no depreciation is accrued from the next month. Depreciation of fixed assets shall be accrued on a monthly basis, and the depreciation accrued shall be recorded in the "accumulated depreciation" account, and included in the cost of the relevant assets or current profit or loss according to the use.

The above is the lawyer's depreciation period of fixed assets stipulated in the tax law, I hope it will be useful to you.

Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China Unless otherwise stipulated by the competent tax authorities, the minimum period for calculating depreciation of fixed assets is as follows

1) 20 years for houses and buildings;

ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment.

3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years.

4) 4 years for means of transport other than airplanes, trains, and ships.

e) electronic equipment, for 3 years.

Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates that: Unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows: (1) 20 years for houses and buildings; 10 years for aircraft, trains, ships, machines, machinery and other production equipment; 3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years. 4) 4 years for means of transport other than airplanes, trains, and ships. e) electronic equipment, for 3 years.

Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China Unless otherwise stipulated by the competent financial and taxation authorities, the minimum annual hail limit for calculating depreciation of fixed assets is as follows: (1) 20 years for houses and buildings; ii) 10 years for aircraft, trains, ships, machines, machinery and other production equipment. 3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years. 4 years for means of transport other than airplanes, trains, and ships; e) electronic equipment, for 3 years.

The minimum period for calculating depreciation of fixed assets is as follows: 1. 20 years for houses and buildings; 2. 10 years for airplanes, trains, ships, machines, machinery and other Dongda Hui production equipment; 3. Appliances, tools, furniture, etc. related to production and business activities shall be 5 years; 4) 4 years for means of transport other than airplanes, trains, and ships; 5) electronic equipment, for 3 years.

The minimum depreciation period for depreciation of fixed assets stipulated in the tax law is:

1) Houses, buildings: 20 years;

2) Aircraft, trains, ships, machines, machinery and other production equipment: 10 years;

3) Appliances, tools, wood-digging furniture, etc. related to production and business activities: 5 years;

4) Means of transport other than airplanes, trains, ships: 4 years;

5) Electronic equipment: 3 years.

The minimum depreciation period for depreciation of fixed assets stipulated by the tax law is:

1) Houses, buildings: 20 years;

2) Aircraft, trains, ships, machines, machinery and other production equipment: 10 years;

3) Appliances, tools, furniture, etc. that have a reputation for imitation of pure production and business activities: 5 years;

4) Transportation tools other than airplanes, trains, and ships: 4 years;

5) Electronic equipment: 3 years.

The minimum period for calculating depreciation of fixed assets is 20 years for houses and buildings; 10 years for planes, trains and other production equipment; 3 years for electronic equipment, etc. The minimum period for calculating depreciation of fixed assets (1) 20 years for houses and buildings; Chain (2) 10 years for aircraft, trains, ships, machines, machinery and other production equipment; 3) Appliances, tools, furniture, etc. related to production and business activities, for 5 years. 4) 4 years for means of transport other than airplanes, trains, and ships. (5) Electronic equipment, shed preparation for 3 years.