Texttop banner
Depreciation


Panama Depreciation Rules



The general depreciation rules in Pamama are:

- Land cannot be depreciated by law but is maintained at purchase price in the books until disposed of.
- A building is depreciated over 30 years.
- Machinery and other assets with a life-time of at least 3 years are depreciated by a fixed schedule. The minimum time frame is 3 years.


    The Web Foundation © 2011-2013. All rights reserved.    Last updated: Nov 17, 2013. Site map.