Tax specialties of amortizations in the simplified modality
Regulations: Art. 30. 1 Regulation Income Tax
Without prejudice to the above-mentioned freedom of depreciation, the depreciation of tangible fixed assets will be carried out on a straight-line basis , based on the simplified depreciation table approved by Order of March 27, 1998 (BOE of March 28), which is reproduced below:
| Group | Description | Maximum linear coefficient (*) | Maximum period |
|---|---|---|---|
| (*) For new assets acquired between 01-01-2003 and 31-12-2004, the maximum applicable linear amortization coefficients are the result of multiplying those indicated in the table by 1.1. These coefficients thus determined are applicable during the useful life of the new assets acquired in the period indicated above. (Back) | |||
| 1 | Buildings and similar | 3 per 100 | 68 years |
| 2 | Facilities, furniture, fixtures and other tangible fixed assets | 10 percent | 20 years |
| 3 | Machinery | 12 per 100 | 18 years |
| 4 | Transport features | 16 per 100 | 14 years |
| 5 | Information processing equipment and computer systems and programs | 26 per 100 | 10 years |
| 6 | Chattels and tools | 30 percent | 8 years |
| 7 | Bovine, porcine, ovine and caprine stock | 16 per 100 | 14 years |
| 8 | Horse cattle and non-citric fruit trees | 8 per 100 | 25 years |
| 9 | Citric fruit trees and vineyards | 4 per 100 | 50 years |
| 10 | Olive grove | 2 per 100 | 100 years |