Fixed Assets - EBS (MOSC)

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Different Tax Depreciation Rates

edited Jun 24, 2013 5:01AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered
Hi,
There is a situation as mentioned below.

The company buys an asset cost of 10,000 (year 2012)
Useful life time 4 years (Straight line method can be used as the depreciation method)

However when the tax depreciation rates are taken, they change year by year.

Year 2012 tax depreciation rate is 10%
Year 2013 tax depreciation rate is 15%

In order to facilitate this situation, can we use Bonus Depreciation Rules?

Regards,

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