6.2. Depreciation and Amortization
When calculating Monaco taxable income, assets owned by an enterprise are normally depreciated over their normal useful life using the straight-line or declining-balance methods. Rates for various asset types are based on the standard rates employed for the industry.
The generally accepted rates for various asset types using the straight-line method are as follows:
| Commercial buildings | 2 to 5% |
| Industrial buildings | 5% |
| Fixtures and fittings | 10% |
| Office furniture | 10% to 20% |
| Motor vehicles | 20% to 25% |