To double the depreciation allowances of the production INVESTMENTS for TWO years
Legal alert 2/2009 TO DOUBLE THE DEPRECIATION ALLOWANCES OF THE PRODUCTION INVESTMENTS FOR TWO YEARS 24.2.2009 TO DOUBLE THE DEPRECIATION ALLOWANCES OF THE PRODUCTION INVESTMENTS FOR TWO YEARS The Government has introduced a bill to double the maximum amount of the depreciation allowances concerning the acquisition costs for fiscal years 2009 and 2010 arising from the introduction of new buildings, devices and equipment on production activities in 2009 and 2010.
How does the 50% investment allowance actually work?