Accelerated depreciation regime re-introduced for the remainder of 2013

On 28 June 2013, the Dutch government decided to re-introduce the possibility for accelerated depreciation for the remainder of 2013 [Decree of 28 June 2013, nr. DB2013/335M, Staatscourant 2 July 2013, Nr. 18345]. The aim of this measure is to temporarily improve the cash flow of companies. This facility will be welcomed by the business community.

In general, the straight-line depreciation method is used to depreciate assets in the Netherlands. All assets other than goodwill have to be depreciated in at least five years. However, for the years 2009–2011 at random depreciation was possible for new capital assets in which the company invested in these years. In the year of investment the maximum depreciation was 50 per cent. The remainder could be depreciated in the subsequent year or, if preferred, years. Several types of assets were excluded from this incentive. The most important exceptions were: real estate, land, public works assets such as land, road and water management facilities, cars and intangible fixed assets (including software). Furthermore, assets that were put at disposal of third parties were excluded from the incentive. Investments in ships, on the other hand, could qualify for this at random depreciation. This was a temporarily measure introduced to alleviate the effects of the economic crisis…

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