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The company spent 400,000 yuan on a set of software. How to determine depreciation period and residual value rate?
First, if the software is purchased with computers and other necessary facilities, it can be accounted as a fixed asset, otherwise both the right to use the software and its copyright belong to intangible assets.

2. In general, the amortization period of intangible assets shall not be less than 65,438+00 years. As an investment or transferee of intangible assets, if the relevant laws or contracts stipulate the service life, it can be amortized in installments according to the stipulated or agreed service life. That is, except for intangible assets acquired through investment or transfer, the amortization period of intangible assets shall not be less than 10 year; Intangible assets acquired through investment or transfer can be amortized by stages according to the stipulated or agreed service life, that is, the amortization period can be less than 10 year;

3. Special Provisions: The Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Some Preferential Policies for Enterprise Income Tax (Caishui [2008] 1No.) stipulates that software purchased by enterprises and institutions that meet the conditions for confirmation of fixed assets or intangible assets can be accounted for as fixed assets or intangible assets with the approval of the competent tax authorities, and the depreciation or amortization period can be appropriately shortened to 2 years.