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What is the depreciation value for the year

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Problem 1: A machinery was acquired for € 52,000 in January 2014. An accounting depreciation expense of € 7,000 is provided. Fiscally a maximum amortization coefficient of 12% and a maximum period of 18 years is established. Please state if this is a temporary difference or a permanent difference and what is the depreciation value for the year 2016.

Reference no: EM132613634

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