The tax reform will significantly change how tax credits related to the acquisition of productive assets are utilized.
The current system, which allows credits to be claimed in 1/48 installments, will be replaced by full recognition as a “tax credit” in the same month the asset is acquired. However, any remaining balances under the old system will be converted into credits that can be offset over a period of up to 20 years.
Maximizing the use of existing tax credits depends on properly organizing fixed assets (reconciling physical, accounting, and tax records) and maintaining effective control of the CIAP.
Optimize your current tax credits and plan CAPEX investments to offset these credits before January 2033.
Mynarski specializes in Asset Organization, Tax Credit Calculations – CIAP, and the assessment of Useful Lives that determine the timing of CAPEX investments.
Mynarski International
Asset Organization + Tax Credits + Useful Lives/CAPEX