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Accelerated Depreciation of Investments and Tax Relief for Exporters: News on Amortization and Taxation Ease

  • Accelerated depreciation of investments and tax relief for Exporters
  • News on depreciation, depreciation of assets, exporters, investments, exchange rate, tax relief, expenses, technology
  • In the context of the exchange rate crisis, there has been no movement from the government regarding the requested 40% depreciation of investments until the beginning of 2025
  • Accelerated depreciation is seen as a hindrance for businesses, especially those that have invested in infrastructure and modern technology
  • Allowing businesses to depreciate up to 40% of their investments in a year can help improve liquidity and reduce tax burden
  • Businesses can see a quicker return on expenses made during the depreciation period
  • Allowing businesses to depreciate up to 40% of their investments in a year can help ensure that investments can be paid off more quickly, reducing the tax burden on businesses in the investment year.

Source: altax.al

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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