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Old 12-10-2005, 09:44 PM  
directfiesta
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Join Date: Oct 2002
Location: Punta Cana, DR
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Quote:
Originally Posted by zagi
Its because of accounting law, if you acquire an asset you can't expense it fully, you have to depreciate it over its usable life. Hence they are trying to avoid long term tax commitments and since they have a lot of money to spend they don't mind paying it.
True if you keep it ( 10-15% of the price , factoring 3 months out of 12 ...), but if you dispose of the asset, you obviously can and should write it off.
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