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Update - German Ministry of Finance Issues Letter Allowing Full Deduction for Acquisition of Computer Hardware and Software

|Approved Changes|Germany
Germany

The German Ministry of Finance has published a letter dated 26 February 2021 that establishes the Ministry's position on the depreciation of computer hardware and software. The letter confirms the position following agreement reached in January 2021 to allow a full current-year deduction for expenses incurred for the acquisition of computer hardware and software, including laptops, printers, s…

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