The electronic equipment mentioned in the new tax law refers to the equipment that is composed of integrated circuits, transistors, electron tubes and other electronic components, and uses electronic technology (including software) to play a role, including electronic computers, robots controlled by electronic computers, numerical control or program control systems, including fax machines and photocopiers.

How to classify depreciation of fixed assets?

According to Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC):

Unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the minimum depreciation period of fixed assets is as follows:

1, houses and buildings, 20 years;

2. Aircraft, trains, ships, machines, machinery and other production equipment, 10 year;

3. Appliances, tools and furniture related to production and business activities, 5 years;

4, aircraft, trains, ships and other means of transportation, for 4 years;

5, electronic equipment, for 3 years.

Therefore, computers and servers belong to the fixed assets of electronic equipment, and the minimum depreciation period is 3 years; The minimum depreciation period of office desks and chairs as furniture fixed assets is 5 years.

Special case of depreciation of fixed assets:

1. If the fixed assets that have reached the scheduled usable state have not been settled, they will be recorded at the estimated value temporarily and depreciated. After completing the formalities of final accounts for completion, the original tentative appraisal value will be adjusted according to the actual cost, and the original depreciation amount need not be adjusted. Depreciation accrued in this period is treated as the cost of this period.

2. The book value of the fixed assets that are stopped in the decoration process is transferred to the construction in progress, and depreciation is not allowed. After the renovation project is converted into the fixed assets in a predetermined usable state, depreciation shall be accrued according to the newly determined depreciation method and the service life of the fixed assets.

3. Fixed assets that have stopped using due to major repairs shall be depreciated according to the amount, and the amount of depreciation shall be included in the cost of related assets or current profits and losses.