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How often may the depreciation be deducted?

If depreciation is deducted all at once, (100%); isn't that going to reduce EBT,& reduce the paid taxes?

  • Think of it, if you buy equipment every year with amount of money equal to EBT, you won't pay any taxes, and the assets of your business is growing :) have you ever thought of ...show more

  • Answer:

    the tax authorities may not permit you 100 % depreciation and disallow your depreciation treatment and it is not at all fraud and but are you sure your EBT would always equal to the cash or bank balance you have?

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You cannot depreciate anything 100% in any given year.

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