Brazil: Companies Evaluating Taxable Income under Actual Profit Method will be Qualified for Accelerated Depreciation

The Brazilian government has regulated accelerated depreciation with the publication of Decree 7,854, effective from December 4, 2012. For corporate income tax purpose
Bookmark and Share
Sunnyvale, CA ( January 29, 2013 - Accelerated Depreciation is calculated by applying added rate on certain machineries, equipments, apparatuses and instruments both new and obtained between September 16, 2012 and December 31, 2012.

The Decree lists 346 eligible items for accelerated depreciation which include - mechanical chains, straps and belts, tubes, reservoir tanks, containers for compressed or liquefied gas, combustion engines and parts, hydraulic turbines and parts, air compressors.

For more information on this topic email

Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts.

Know more on:
tax for expats
international accounting
global transfer pricing
international business expansion


Tag Words: press release, tax for expats, international, business expansion, brazil taxable, income under, actual profit, brazilian, accelerated depreciation
Categories: Business

Press Release Contact
Nair & Co.
1250 Oakmead Parkway, Suite 210
Sunnyvale, CA 94085, U.S

Link To This Press Release:

Create Press Release
Press Release Options
About This Press Release
If you have any questions about this press release, please contact the listed publisher. Please do not contact prHWY as we cannot help you with your inquiry.