I would like to ask about depreciation, machinery and equipment, cars, houses, depreciation period, residual value, and is there a residual value for housing construction?

& ltp>& ltstrong & gt Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC), unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the minimum period for calculating the depreciation of fixed assets is as follows: br/& gt；; (a) houses and buildings, for 20 years; & ltbr/>； (2) Aircraft, trains, ships, machines, machinery and other production equipment, 10 year; & ltbr/>； (3) Appliances, tools and furniture. 5 years related to production and business activities; & ltbr/>； (4) Four years for vehicles other than airplanes, trains and ships; & ltbr/>； (five) electronic equipment, for 3 years. & ltbr/>； & lt/p & gt； & ltp> What is the residual rate? Generally, it is determined according to the use environment and frequency of fixed assets of enterprises, which is generally 5%- 10%. & lt/p & gt； & ltp & gt？ & lt/p & gt； & ltp> enterprises shall reasonably determine the estimated net salvage value of fixed assets according to their nature and use. Once the estimated net residual value of fixed assets is determined, it shall not be changed. & ltbr/>； & lt/p & gt； & ltp> Policy Basis: