Encyclopedia
Original cost of the property
The initial cost of property is determined as the market value of such property at the time of its acquisition, increased by the amount of expenditures on construction, equipment, reconstruction, modernization, technical re-equipment, and bringing such property to a condition in which it is suitable for use, excluding the amounts of taxes subject to deduction or accounted for as expenses in accordance with this Code1.
Federal Law No. 108-FZ dated June 30, 2008, "On Amending the Federal Law "On Concession Agreements" and Certain Legislative Acts of the Russian Federation" dated June 30, 2008, as amended on January 1, 2017, Article 5, paragraph 4 // RSZ RF. 2008. No. 27. Art. 3126. ↩