Depreciation of tangible assets begins in the month the expenditure to acquire the asset is incurred. This request may be submitted when the Taxpayer wishes to obtain a determination for the commencement of depreciation, which may begin in the month the asset is used or the month it begins generating income. The Director General of Taxes will determine the depreciation start date considering the month the asset is used to earn, collect, and maintain income, or the month the asset begins generating income.