Higher declining-balance depreciation coefficients (stimulus plan)

Article 29 of the amending finance act for 2008 raises the declining-balance depreciation coefficients (Article 39 A of the General Tax Code) by 0.5 point: 1.75 instead of 1.25 for assets with a useful life of three or four years, 2.25 instead of 1.75 for five or six years and 2.75 instead of 2.25 beyond six years. The measure applies to assets acquired or manufactured between 4 December 2008 and 31 December 2009. The previous coefficients have applied again since 2010.