Depreciation period of fixed assets in tax law

Legal analysis: the minimum depreciation period of fixed assets is: 20 years for buildings; Aircraft, trains and other production equipment 10 year; Equipment related to production and operation for 5 years; 4 years for vehicles other than airplanes, trains and ships; Electronic equipment for 3 years.

Legal basis: 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:

(a) houses and buildings, for twenty years;

(2) Ten years for airplanes, trains, ships, machinery, machinery and other production equipment;

(3) utensils, tools, furniture, etc. Five years related to production and business activities;

(4) means of transportation other than airplanes, trains and ships, four years;

(five) electronic equipment, for three years.