Non-Building Tangible Assets for Tax Depreciation Purposes

The regulation of 2009 differentiates benefit periods of accelerated depreciation between 2 and 10 years, based on four groups of 'Non-Building Tangible Assets for Tax Depreciation Purposes'.The sub-groups potentially relevant for renewable energies include Machine Industry (water pumps), Wood Industry/Forestry (bio energy-related investments), 'Agriculture, Plantation, Animal Husbandry, Fishery' (biofuels) and 'Transportation and Warehousing' (transport of renewable technology equipments).These Groups are referred to in the 2015 regulation of 'Accellerated Depreciation in certain business fields and/or certain regions' (see related policies).

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