DEPRECIATION GUIDELINES

Most of the following life expectancies of depreciable assets other buildings, by industry groups, are extracted from U.S.Treasury Department
Internal Revenue Service Publication No.456 ( dated 7/62 revised 8/64 ) titled " Depreciation Guidelines and Rule". They are presented here in
alphabetical order for your convenience. For more complete descriptions or definition, see Publication No.456. Lives marked with asterisk (*) are
not from the Internal Revenue Service Publication, but are a composite of studies of equipment, bookeeping practices and appraiser's opinions.
INDUSTRY GROUP LIFE IN YEARS INDUSTRY GROUP LIFE IN YEARS

Aerospace Industry 8 Dairy Products Manufacturing 12

Agriculture, Machinery and Equipment 10 Distilling 12
Animals, Cattle, breeding or dairy 7 Electrical Equipment Manufacturing 12
Hogs, breeding 3 Electric Utilities, Hydrolic Production 50
Horses, breeding or work 10 Nuclear Production 20
Sheep and Goats, breeding 5 Steam Production 28
Trees and Vines, Almonds, Pecans, and Walnuts 40* Transmission & Distribution Facilities 30
Apples, Figs, and lives 50* Electronic Equipment Manufacturing 8
Apricots, Peaches, and Nectarines 20* Fabricated Metal Product 12
Cherries, Pears, and Citrus 40* Fishing Equipment incl. boats and barges 4*
Grapes, Plums, and Prunes 35* Fur Processing 11
Aircraft, except commercial aircraft 6 Gas Utilities, Distribution 35
Commercial aircraft 6 Manufactured Gas Production 30
Amusement Parks 10 Natural Gas Production 14
Apparel and Fabricated Textile Manufacturing 9 Pipelines and Related Storage 22
Automobile Repair Shops 10 Glass and Glass Products 14
Backeries and Confectionery Production 12 Gypsum Products 15
Barber and Beauty Shops 10 Hand Tools 5*
Brewery Equipment 12 Hotel and Motel Furnishings and Equipment 10
Cannaries and Frozen Food Production 12 Jewelry Products and Pens 12
Cement Manufacture 20 Knitwear and Knit Products 9
Chemical and Allied Production 17 Land Improvements 20
Clay Products Manufacturing 11 Laundry Equipment 10
Clocks and Watches, Manufacturing 15 Leather and Leather Products 11
Cold Storage and Ice Making Equipment 12 Logging 6
Cold Storage Warehouse Equipment 18* Lumber, Wood Products, and Furniture 10
Condiments, Manufacturing and Processing 10* Machinery Manufacturing, except as otherwise listed 12
Construction Equipment, general construction 5
Marine Construction 12

M a rs h a ll Va lu a t io n S e rv ic e , US A deprguid.xls/hal.1
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 DEPRECIATION GUIDELINES

INDUSTRY GROUP LIFE IN YEARS INDUSTRY GROUP LIFE IN YEARS

Meat Packing 12 Radio and Television, Broadcasting 6

Metal Working Machinery Manufacturing 12 Manufacturing 10*
Mining and Quarrying 10 Railroad Cars 12
Motion Picture and Television Production 8* Railroads, Machinery and Equipment 14
Motor Transport, Freight 8 Structure 30
General Purpose Trucks, Light 4 Wharves and Docks 20
Heavy 6 Railroad Transportation Equipment Manufacturing 12
Tractor Units (over the road) 4 Recreation and Amusement 10
Trailer and Trailer mounted containers 6 Retail Trades, Fixtures and Equipment 10
Motor Transport, Passenger 8 Restaurant and Bar Equipment 10*
Automobiles, including Taxis 3 Rubber Products Manufacturing 14
Buses 9 Sawmills, Permanent 10
Motor Vehicle and Part Manufacturing 12 Portable 6
Office Furniture and Equipment 10 Service Establishments 10
Optical Lenses and Instrument Manufacturing 12 Ship and Boat Building 12
Paints and Varnishes 11 Soft Drink Manufacture and Bottling 12
Paper and Pulp Products 16 Steam Production and Distribution 28
Paper Finishing and Converting 12 Stone Products Manufacturing 15
Petoleum and Natural Gas, Field Services 6 Sugar and Sugar Products Manufacturing 18
Exploration, Drilling, and Production 14 Telephone and Telegraph Companies, Small 20*
Marketing 16 Textile Products, excluding Finishing & Dyeing 14
Petroleum Refining 16 Finishing and Dyeing 12
Pipeline Transportation 22 Theater Equipment 10
Plastics Manufacturing 11 Tobacco and Tobacco Products 15
Plastict Product Manufacturing 11 Vegetable Oil Products 18
Primary Metals Production, Ferrous 18 Water Transportation 20
Primary Metals Production, Non Ferrous 14 Water Utilities 50
Printing and Publishing 11 Wharves, Docks, and Piers 20
Professional and Scientific Instrument 12 Wholesale Trade Fixture and Equipment 10

M a rs h a ll Va lu a t io n S e rv ic e , US A deprguid.xls/hal.2
P age 5/79