Every asset has a useful life, and failing to plan for replacements can lead to costly downtime or last-minute, high-cost ...

This professional analysis covers accounting, tax, and reporting issues for virtual assets in India, including classification, revenue recognition, tax implications under Section 115BBH, and ...

In today's data-rich environment, business are always looking for a way to capitalize on available data for new insights and ...

The UAE Ministry of Finance (MoF) has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for the Purposes of Federal Decree-Law No. (47) ...

Firms in the UAE can now deduct tax depreciation on fair valued investment property, the Ministry of Finance announced on July 17. Under the new decision, taxpayers (who elect for the realisation ...

Move aims to create tax fairness between firms using fair value, historical cost methods As of July 16, the number of registered entities for Corporate Tax has reached 576,000, up from 538,000 in ...

ABU DHABI, 17th July, 2025 (WAM) -- The UAE Ministry of Finance has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for the Purposes ...

Abu Dhabi, United Arab Emirates: The UAE Ministry of Finance has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for the Purposes of ...

Imagine this: you’re in the middle of an important project, juggling deadlines, and collaborating with a team scattered across time zones. Suddenly, your computer crashes, and hours of work vanish in ...

For some time now, the Government of Liberia (GoL) has implemented a three-year depreciation policy for its vehicles. This policy has influenced the prices at which vehicles are sold to former public ...

Depreciation spreads the cost of tangible assets over their useful life on income statements. Each year, $1,500 is recorded as a depreciation expense, reducing the asset's book value. Amortization and ...