Depreciation of fixed assets under the tax law

Determination of the depreciable life of fixed assets of enterprises

Article 25 of Guo Shui Fa (2000) No. 084 "Unless otherwise specified, the minimum years for depreciation of fixed assets are as follows:

1. 20 years for buildings;

2. 10 years for trains, ships, machinery, machines, and other production equipment;< /p> 3. 5 years for electronic equipment and means of transportation other than trains and ships, as well as apparatus, tools, and furniture related to production and business.

3. 5 years for electronic equipment and means of transportation other than trains and ships, as well as apparatus, tools, and furniture related to production and business.