According to Article 60 of the Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China*** and the State of China, the depreciable life of electronic equipment is three years.
Except as otherwise provided by the competent financial and taxation authorities of the State Council, the minimum number of years for calculating depreciation of fixed assets is 20 years for houses and buildings; 10 years for airplanes, trains, ships, machines, machinery and other production equipment; 5 years for appliances, tools, furniture, etc., related to production and business activities; 4 years for means of transportation other than airplanes, trains and ships; and 3 years for electronic equipment.
The depreciation of fixed assets and the annual depreciation of fixed assets shall be calculated from the month following the month in which the fixed assets are put into use; fixed assets that are no longer in use shall cease to be depreciated from the month following the month in which they are no longer in use. Enterprises shall reasonably determine the estimated net residual value of fixed assets according to the nature and use of fixed assets. Once determined, the estimated net residual value of fixed assets shall not be changed.
The depreciable life of fixed assets is generally in accordance with Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China. Except as otherwise provided by the competent financial and taxation authorities of the State Council, the minimum years for calculating depreciation of fixed assets are as follows:
Houses and buildings, 20 years; airplanes, trains, ships, machinery, machines and other production equipment, 10 years; appliances, tools, and furniture related to production and business activities, 5 years; means of transportation other than airplanes, trains, and ships, 4 years; electronic equipment, 3 years. For 3 years.
To determine the depreciable life can be used after the average annual depreciation, the formula is as follows:
Annual depreciation of fixed assets = fixed assets - net salvage value / fixed assets are expected to be used for a period of time
Annual depreciation / 12 = monthly depreciation.