Do accounting entries fixed assets depreciation years to accounting years or tax law depreciation years to prevail

When an enterprise makes accounts, fixed assets are generally depreciated over the accounting life. If the depreciable life determined by the accounting is shorter than the minimum years specified in the tax law, then the enterprise should be determined in the accounting depreciable life, each year on the accounting depreciation is greater than the maximum depreciation allowed by the tax law to increase taxable income. If the depreciation life determined by accounting is longer than the minimum life prescribed by tax law, it can be regarded that there is no difference between accounting and tax law. Enterprises can also apply to the competent tax authorities to calculate the depreciation deducted before tax according to the minimum number of years (or longer) stipulated in the tax law, i.e., the enterprise should reduce the taxable income every year on the difference between accounting depreciation and tax law depreciation within the minimum number of years of depreciation (or longer) stipulated in the tax law.