Fixed Assets - EBS (MOSC)

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French Fixed Assets Over Depreciation

edited Jun 8, 2016 5:06AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

All,

The following issue is being faced by my Client;

 

There is a new incentive from the French government that allows to depreciate more than the asset value

 

Use case :

 

Asset GBV = 100

 

Corporate and legal book : Straight  line over 5 years

 

Tax allows to depreciate  40%  more than the asset value 

 

 

corporate

Tax

allowed  additional tax deduction

Gross book value

100

100

year 1

20

28

8

year 2

20

28

8

Year 3

20

28

8

Year 4

20

28

8

Year 5

20

28

8

40

 

 

  Can this be managed in Fixed Asset?


Thanks

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