Communique (No. 506) To Amend The Communique on Depreciations
Communique (No. 506) To Amend The Communique on Depreciations
The depreciation rate for aircrafts and flight simulators has been determined as 4% by Revenue Administration while useful life is determined as 25 years. Useful life was 10 years for aircrafts while it was 6 years for flight simulators.
On the other hand, the depreciation rate has been appointed as 10% for the helicopters registered in the name of the company. It is obvious that useful life for helicopters is determined as 10 years.