Depreciation policy as a factor of revitalization of fixed asset reproduction
Based on the analysis of the current practice of the reproduction of fixed assets of enterprises the author states that the applicable depreciation policy is not efficient for the reproduction of fixed assets and cannot give an impetus to investment activities of enterprise owners. To spur the reproduction process the author offers to the readers attention the revised versions of articles 253, 257, 258 and 270 of the Tax Code of the Russian Federation, and proposes the transition to an «elliptic depreciation basis» and to a free accrual pattern.