Overview

Set up tax benefit codes for fixed assets.

General

View or modify the tax benefit codes.

Privilege

Enter the benefit code for the fixed asset.

Benefit type

Select the tax benefit type from the following options:

• Reduction in tax rate– The percentage by which the tax rate is reduced.

• Reduction in tax amount– The amount by which the estimated tax is reduced.

• Exemption from tax– Cancels the calculation of tax on fixed assets.

• Tax base reduction– The amount by which the tax base is reduced.

• Non-taxable area part– The share of the asset that is not subject to tax.

Name

Enter a name for the privilege code.

Privilege value

Enter the benefit amount.