2009•Journal of Jilin Province Economic Management Cadre CollegeRequires access

On the Effect of Fixed Assets Depreciation Method on Income Tax

He Xuefeng

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Abstract

The depreciation methods of fixed assets are years average method,the workload method,double declining balance method,the number of years summation method.Depending on the amount of different income tax under different depreciation method,companies should choose the appropriate method of fixed assets depreciation and minimize the tax burden under the premise of not violating the tax laws to achieve maximum economic benefits.

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The depreciation methods of fixed assets are years average method,the workload method,double declining balance method,the number of years summation method.Depending on the amount of different income tax under different depreciation method,companies should choose the appropriate method of fixed assets depreciation and minimize the tax burden under the premise of not violating the tax laws to achieve maximum economic benefits.

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Available abstract

The depreciation methods of fixed assets are years average method,the workload method,double declining balance method,the number of years summation method.Depending on the amount of different income tax under different depreciation method,companies should choose the appropriate method of fixed assets depreciation and minimize the tax burden under the premise of not violating the tax laws to achieve maximum economic benefits.

Key concepts: Consumption of fixed capital, Fixed asset, Depreciation (economics), Economics, Deferred tax, Monetary economics, Income tax, Econometrics

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