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Accelerated depreciation for listed items – regulated

|Approved Changes|Brazil
Brazil

Decree 7,854, published in the Official Gazette of 4 December 2012 and effective as from this date, regulates the accelerated depreciation provided by Provisional Measure 582/2012.

For the purposes of corporate income tax, companies assessing their taxable income under the actual profit method are entitled to accelerated depreciation – calculated by applying the additional depreciation rate…

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