Scheduled depreciation may be carried out on fixed assets, the use of which is limited in time. The scheduled depreciation regulated in commercial law (Section 253, Paragraph 2, Clauses 1 and 2 of the German Commercial Code) is opposed to in tax law:
The deduction for wear and tear (AfA) according to § 7 Paragraph 1-5 (a) EStG. Although its terminology largely corresponds to the commercial depreciation, it differs in terms of content z. T. considerably.
The deduction for substance reduction (AfS) according to Section 7 (6) EStG. It is carried out at companies that are subject to the consumption of the substance, e.g. B. the
Mining, quarry, gravel or sand pits.
Scheduled depreciation is based on a depreciation schedule that must contain:
Die zu verteilenden acquisition cost or Manufacturing costs.
The expected useful life of the asset as an economic useful life during which the asset can be used sensibly, e.g. B. 8 years. For tax purposes, the AfA tables, in which the normal useful life of fixed assets is shown, apply.
The selected depreciation method that must comply with the GoB.
The depreciation schedule can be changed according to both commercial law and tax law if there are objective reasons for doing so, e.g. B. a change in the useful life. The period of use begins with the delivery or completion of the asset, but possibly only when it is put into use.