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Monday, 23 May 2022

Tags: Deductibility of Vehicle Depreciation

RR No. 12-2012 Deductibility of Depreciation and Other Related Expenses of Vehicles

Posted on December 23, 2012 by Orlando Calundan | 0 Comments
Revenue Regulations (RR) No. 12-2012, dated October 12, 2012, prescribes the rules on the deductibility of depreciation expenses as it relates to purchase of vehicles and other expenses related thereto, and input taxes allowed therefor. Read also Revenue Memorandum Circular…
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