COMPARISON OF TAX DEPRECIATION OF TANGIBLE FIXED ASSETS IN THE CZECH REPUBLIC AND GERMANY

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F21%3A85387" target="_blank" >RIV/60460709:41110/21:85387 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
COMPARISON OF TAX DEPRECIATION OF TANGIBLE FIXED ASSETS IN THE CZECH REPUBLIC AND GERMANY
Original language description
The aim of the paper is to compare the tax depreciation of tangible assets in the Czech Republic and Germany. Tax depreciation is similar in both countries as to the depreciation base (acquisition price or production costs) and to the officially stated useful lifetime of assets. Component depreciation is generally not permitted for tax purposes. The main difference regarding tax depreciation and reporting a depreciation expense in these countries is the ownership of leased assets (legal owner in the Czech Republic and beneficial owner in Germany). Differences were found in the applied depreciation methods (degressive depreciation is permitted in the Czech Republic but is not permitted in Germany for assets bought in 2011 onwards) and in the definition and method of depreciation of low-value assets (GWG). Tax depreciation depends on a national tax legislation and influences the tax base and the due and deferred income tax but should not influence the reported accounting depreciation and accumulated de
Czech name
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Czech description
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Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
5th International Scientific Conference on Opportunities and Threats to Current Business Management in a Cross-Border Comparison 2019
ISBN
978-3-86367-062-7
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
109-117
Publisher name
Verlag der GUC m.b.H. Fachbuchreihe
Place of publication
Chemnitz, Germany
Event location
Zelezna Ruda, CZECH REPUBLIC
Event date
Nov 7, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000631253900011

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