Service life in the tax law and in the management economics the period is called, during which economic goods can be operationally used.

It distinctive between

• estimated service life; by this one understands the planned duration of the use of a plant property in an enterprise. This duration and the appropriate period is the basis for the regular writing-off of the economic goods. Empirical values, which are set for the economical cost calculation, form basis for the determination of the service life. For taxation decisive and thus for the computation of the joggle for wear considerably are however the so-called depr. tables, in which the financial administration specifies the operatingusual service life obligatorily on many goods. Deviations from these defaults are possible only if another - usually shorter - can be proven service life or made convincing.

• actual service life, which can be certain only after completion of the use procedure definitely.

Partly also of TBR (time between replacement) one speaks.

See also

• Collection of formulae economics
• Special depreciation
• Book value

Articles in category "Service life"

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