Actual Useful Life Determination Available via Coretax System

Taxpayers can submit an application for an Actual Useful‑Life Determination of tangible assets via the Coretax system. The request applies to assets used in forestry, plantation or livestock businesses. Applications have been accepted since 4 December 2025 under the current regulation.

The legal basis is Article 15(3) of Ministerial Regulation No 72/2023, which requires taxpayers not using the standard useful life to seek a different depreciation group. Submissions are made through the Taxpayer Services module → Administrative Services → Create Request, using service code AS.11‑02 Actual Useful‑Life Determination. The regulation sets a 20‑year useful life for forestry and plantation assets and an 8‑year life for livestock.

Upon approval by the Director‑General of Taxes, the assets may be depreciated over the actual useful life, aligning tax depreciation with economic reality. This does not alter tax rates but can affect the deductible depreciation amount. Taxpayers should prepare supporting documentation to facilitate the approval process.