Accounting and tax depreciation 2012

This practical publication deals with the problems related to the depreciation of fixed assets of business entities. The author defines the concept of depreciation, explains the difference between accounting and tax depreciation, the interpretation is in line with the current legislation as of 1 January 2012. Accounting depreciation calculations and accounting are performed using specific examples, accounting and tax implications of tax depreciation, including the definition of it, which assets cannot be depreciated. Special attention is also paid to the new possibility of using the so-called. extraordinary depreciation and depreciation of assets used to generate electricity from solar radiation. He will provide comprehensive advice on issues related to depreciation as a tax expense - the effect of depreciation on the tax base, interruption and continuation of depreciation, etc. It has the advantage of tables, formulas and examples to make your work and calculations easier. Its practical focus makes it a sought-after tool for entrepreneurs, accountants, tax and financial advisors as well as accounting and consulting firms.