accelerated depreciation allowance meaning in English

加速折旧扣除

Accelerated depreciation allowance
加速折旧扣除
Article 32 of the eit law provides that enterprises can receive accelerated depreciation allowance where the fixed assets become obsolete due to technology advancement
企业所得税法第三十二条规定，企业的固定资产由于技术进步等原因，确需加速折旧的，可以缩短折旧年限或者采取加速折旧的方法。
The implementation regulations specifically provide that fixed assets qualified for accelerated depreciation allowance include : ( 1 ) fixed assets fast becoming obsolete ; and ( 2 ) fixed assets in a state of vibration and being exposed to high degree of erosion
实施条例据此明确，可以享受这一优惠的固定资产包括：（一）由于技术进步，产品更新换代较快的固定资产；（二）常年处于强震动、高腐蚀状态的固定资产。