Depreciation regulations for purchasing second-hand fixed assets

Legal analysis: the depreciation period of fixed assets purchased by enterprises can be accrued according to the minimum depreciation period stipulated in the implementation regulations of the enterprise income tax law MINUS the remaining years after the used years.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 595 A sales contract is a contract in which the seller transfers the ownership of the subject matter to the buyer and the buyer pays the price.

Article 596 The contents of a sales contract generally include terms such as name, quantity, quality, price, time limit for performance, place and method of performance, packing method, inspection standard and method, settlement method, contract terms and their effects.