Selected International Depreciation Rates by Asset and Country

Mast, Brent W.

Library of Congress. Congressional Research Service.

关键词: Tax policy;    Interest;    Finance;    International affairs;   

RP-ID  :  RL33854
RP-ID  :  RL33854_2007Jan30

美国|英语

来源: UNT Digital Library

【 摘 要 】

The depreciation provisions in the U.S. tax system are of recurring interest to Congress. More than 100 bills were introduced in the 109th Congress that addressed some aspect of depreciation. Concerns about the U.S. depreciation system tend to begin with the criticism that updates to the system have not kept pace with technological advancements of the assets for which it is utilized to account. This report provides information on the depreciation systems of selected European Union countries (France, Germany, Ireland, Spain, and the United Kingdom) by presenting depreciation rates for buildings; computers; expensable assets; motor vehicles; patents; plant, equipment, machinery, and tools; and software.