Extension of extraordinary depreciation

An amendment proposes the extension from 1 January 203 of the extraordinary depreciation regime relating to tangible assets of the first and second depreciation groups. The current rules for extraordinary depreciation apply to assets acquired between 2000 and 2021; now it is proposed that they will also apply to assets acquired between 2022 and 2023. Tangible assets classified in the first depreciation group can be extraordinarily depreciated within twelve months by way of an even monthly tax depreciation, and tangible assets classified in the second depreciation group can be depreciated within twenty-four months (up to 60 per cent of the input price in the first year and the remaining 40 per cent of the input price in the second year). Using the extraordinary depreciation regime is not mandatory - it is simply an option for the taxpayers.