Depository Trust Company and Depreciating asset: Difference between pages

Revision as of 08:49, 8 October 2013

1. UK Tax. An asset which has a life not exceeding 60 years.

2. Any asset whose value is normally expected to reduce with the passing of time.

@@ Line 1: / Line 1: @@
-''US.''
+. ''UK Tax.''
+An asset which has a life not exceeding 60 years.
-(DTC).
-A subsidiary of the Depository Trust & Clearing Corporation (DTCC), the DTC is an automated central securities depository.
-It is a member of the US Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission.
+. Any asset whose value is normally expected to reduce with the passing of time.
 == See also ==
-* [[Central securities depository]]
+* [[Assets]]
-* [[DTCC]]
+* [[Replacement asset relief]]
-* [[Securities and Exchange Commission ]]
+* [[Residual value]]
-* [[Trust]]
+* [[Useful life]]
-[[Category:Cash_management]]
+[[Category:Taxation]]