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Residual value of depreciable property

8 October 2026, 23:00

The residual value of depreciable property is the difference between the initial cost, determined in accordance with the procedure established by Article 257 of this Code, and the amounts taken into account when applying the tax deduction for the mineral extraction tax in accordance with Article 343-1 of this Code (ceased to be effective as of May 1, 2019)¹.

The residual value of depreciable property is the difference between the initial cost, determined in accordance with the procedure established by Article 343.1 of this Code, and the amounts taken into account when applying the tax deduction for the mineral extraction tax in accordance with Article 343.1 of this Code².

The residual value of depreciable property is determined as the difference between the initial (replacement) cost and the total amount of depreciation accrued during the period of use, calculated in accordance with this chapter³.

Tax Code of the Russian Federation, ed. as of 2019-01-01, art. 325-1, subpara. 2, lost effect as of 2019-05-01 // RSZ RF. 2000. No. 32. Art. 3340. ↩
Tax Code of the Russian Federation, ed. as of 2020-05-21, art. 325.1, subpara. 2 // RSZ RF. 2000. No. 32. Art. 3340. ↩
Federal Law of 06.08.2001 No. 110-FZ, "On introducing amendments and additions to Part Two of the Tax Code of the Russian Federation and some other legislative acts of the Russian Federation on taxes and fees, as well as on deeming certain acts (provisions of acts) of the Russian Federation legislation on taxes and fees to have lost effect" of 06.08.2001, ed. as of 2001-08-06, art. 1, para. 13#2 // RSZ RF. 2001. No. 33. Art. 3413. ↩

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