Tax depreciation: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with qualifications page) |
imported>Doug Williamson (Added the name of the US Tax depreciation system. Source: https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/A-Brief-Overview-of-Depreciation) |
||
| Line 6: | Line 6: | ||
'''2.''' ''US Tax.'' | '''2.''' ''US Tax.'' | ||
US tax relief for capital expenditure under the Modified Accelerated Cost Recovery System (MACRS). | |||
Revision as of 15:04, 16 March 2016
1.
Depreciation that is an allowable expense under applicable tax laws.
2. US Tax.
US tax relief for capital expenditure under the Modified Accelerated Cost Recovery System (MACRS).
