Expenses and Tax Deductions
Expenses and Tax Deductions While OPEX can be tax-deducted in same, CAPEX must be depreciated over a period of years of the useful life of the asset
In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time
Expenses and Tax Deductions While OPEX can be tax-deducted in same, CAPEX must be depreciated over a period of years of the useful life of the asset