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6.3. Depreciation and Amortization

Deduction in respect of capital allowances on assets is allowed under the tax laws of Dominica.

A higher rate of capital allowance is allowed, subject to satisfaction of the appropriate authority, in respect of assets which have higher or abnormal wear and tear during the use of such asset.

The tax laws provide the following rates of capital allowances for different assets types:

Buildings (industrial and commercial) 3% - 4%
Plant and machinery (including motor vehicle, furniture, computers, etc.) 11% - 20%