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FP6 Financial Info & FAQs --> Project --> Costs --> Eligible Costs --> Equipment --> Equipment FAQs

Q:

A software research centre regards computers as expenses. For statutory financial statements they are regarded as such. However, for tax purposes, the national tax law (depreciation) is used as a basis. What procedure is governing FP6 projects: expenses or depreciation?

A:

The Commission official response as per their document “Frequently Asked Questions On Project Management In Fp6” - March 2005, is:

 

“…Equipment used on the project should be accounted for in accordance with the normal depreciation rules of the contractor…”


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