Tax depreciation of used or improved buildings and structuresr Cover Image

Amortyzacja podatkowa używanych lub ulepszonych budynków i budowli
Tax depreciation of used or improved buildings and structuresr

Author(s): Jowita Pustuł
Subject(s): Politics / Political Sciences, Economy, Public Law, Fiscal Politics / Budgeting, Accounting - Business Administration
Published by: Fundacja Uniwersytetu Ekonomicznego w Krakowie
Keywords: building;structure;depreciation;tax;fixed asset

Summary/Abstract: When buildings or structures are treated as a fixed asset they are subject to tax depreciation. The standard depreciation rate for buildings used for dwelling purposes is 1.5% p.a. For other buildings the rate is 2.5% p.a. In case of buildings or structures improved or used for more than 60 months prior to their acquisition, a depreciation rate can be increased till 10% p.a. Any increase in the value of the already depreciated buildings (e.g. as a result of further modernization, or extension) is subject to the same depreciation rate. This article discusses some main rules applicable in a tax depreciation of improved or used buildings and structures.

  • Issue Year: 2014
  • Issue No: 88
  • Page Range: 13-20
  • Page Count: 5
  • Language: Polish