Turkey depreciation comparison
Compare Turkish VUK straight-line and declining-balance plans with IFRS and US GAAP schedules. This is a comparison, not a Turkish tax return figure.
What does this compare?
One cost produces three schedules: Turkish tax law (normal or declining balance), IFRS straight-line or an illustrative declining balance, and US GAAP straight-line, illustrative declining balance, or sum-of-years. It does not file a return.
General Information
VUK (For Turkey)
A balance-sheet taxpayer may start with normal or declining. This page does not switch methods.
Declining balance is for balance-sheet bookkeepers. This tool does not check the books.
IFRS Parameters
Annual life review is not done in this tool.
US GAAP Parameters
This tool does not test whether the method stays consistent.
VUK
Turkish Tax Legislation
20,000.00 TRY
Depreciation
Rate applied: 20
- 120,000.00 TRY
- 220,000.00 TRY
- 320,000.00 TRY
- 420,000.00 TRY
- 520,000.00 TRY
Total: 100,000.00 TRY
IFRS
Comparison schedule, not a compliance result
18,000.00 TRY
Depreciation
- 118,000.00 TRY
- 218,000.00 TRY
- 318,000.00 TRY
- 418,000.00 TRY
- 518,000.00 TRY
Total: 90,000.00 TRY
US GAAP
Comparison schedule, not a compliance result
18,000.00 TRY
Depreciation
- 118,000.00 TRY
- 218,000.00 TRY
- 318,000.00 TRY
- 418,000.00 TRY
- 518,000.00 TRY
Total: 90,000.00 TRY
Assumptions
- The Turkish tax schedule ignores residual value. Declining balance uses twice the normal rate, capped at 50 percent. The last year writes off the remaining balance.
- The IFRS amount is cost minus residual value. IAS 16 expects the method to reflect how economic benefits are consumed; this tool does not test that pattern. Declining balance is a 2/life comparison illustration, not a required factor.
- US GAAP straight-line deducts residual value. Sum-of-years weights the same amount by remaining life. Declining balance is again a 2/life illustration; it is not a US GAAP result.
- Amounts round half-up to kuruş. The last year takes the remainder so the total does not exceed depreciable amount.
Out of scope
Partial-year proration, passenger-car caps, inflation adjustment, extraordinary depreciation, and method changes are not applied. Units of production need actual quantities.
This comparison is not tax advice and does not confirm a filing. Declining-balance columns are a 2/life illustration. Methods are not switched. 33.33% is not converted to 1/3.
Key Differences and Explanations
VUK
- • The normal rate is the rate you enter from the Turkish list
- • Residual value is not used in the tax schedule
- • Declining-balance rate is capped at 50 percent
- • The last year closes the remaining balance
- • Partial year and passenger-car caps are not in this tool
IFRS (International)
- • Useful life is business estimate
- • Residual value is deducted (annually revised)
- • Straight-line schedule and a 2/life illustration; no units input
- • Day or month proration is not in this tool
- • Component depreciation is not calculated here
US GAAP (USA)
- • Useful life is business estimate
- • Residual value is deducted
- • Straight-line, a 2/life illustration, or sum-of-years
- • Day or month proration is not in this tool
- • This tool does not confirm US GAAP compliance
Important Concepts and Differences
You type the rate from the Turkish useful-life list. The tool does not check the asset class or the correct rate. 20% and 5 years need not match; a mismatch does not rewrite the rate. IFRS and US GAAP lives are estimates.
Frequently Asked Questions
Official sources
The IFRS column cites IAS 16. Turkish statute links are shown on the Turkish page only. The 2 divided by life factor is not a standard rule.
- IAS 16 Property, Plant and Equipment
Depreciable amount is cost less residual value. A 200% declining-balance factor is an illustration, not a requirement of IAS 16.
Reviewed: September 18, 2026