Uni 20-04-2017 - Guidance on house depreciation for mixed housing

Circular 28/2017/TT-BTC guiding management, usage and depreciation being mixed housing both used in business and sale, leasing as follows:

-          For the assets (area) of mixed housing used for both business and leasing (except for finance leasing): enterprises recognize the assets (area) of mixed housing being fixed assets managed, used and depreciated as regulations

-          For the assets (area) used for sale, enterprise is not allowed to recognize as fixed assets and not depreciated and monitored as assets for sale

-          For enterprise having fixed houses and not separated the assets (area) used for both business and for sale, leasing, enterprise does not recognize the whole assets (area) as fixed assets as regulations.

-          For assets used for both mixed housing such as playground, road, car parking, the determination of each assets and depreciation commonly used  are allocated with a standard to determine each kind off assets and depreciated mixed housing.