How do I define the amortization period of machine tool?

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Balázs Mikó

In general the local (national) law defined the period.

Daniel Martinez Krahmer

How is in your country?

In Hungary it depends on the price of the equipment, in case of machine tools (over 1000 Euro) the period is 10 years, under 1000 euro it is 3 years.

But normally a CNC lathe value is around 100.000 euros.

What kind of machine tool value is aronund 1000 euros?

this is just a general rule, for example if you buy a printer for a PC, a period is 3 years

Thanks you Sir.