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6.3. Depreciation and Amortization

Fixed assets are depreciated / accounted for on the basis of useful life of the assets.

Construction in Durable Materials 5%
Commercial, industrial buildings  5%
Plant equipment including machine tools 20%
Fixed plant equipment 33.33%
Transport Equipment  5% - 33.33%
Office Supplies 20%
Office Equipment 15%
Fixtures, Installation, Furniture 10%

These rates can be revised upwards by each Member state. Accelerated depreciation is allowed on heavy machinery and equipment subject to certain conditions.