What RECOVERY PERIOD means: The period of years over which the cost of business assets is written off under ACRS or MACRS.
- Definition Recapture Of Depreciation:
- Dictionary property is sold, gain generally is taxed as ordinary income up to the amount of depreciation claimed (for personal property) and to the extent of the excess of accelerated depreciation claimed over recovery period definition.
- Definition Recapture:
- Dictionary The inclusion of a previously deducted or excluded amount in gross income or tax liability. Recapture may be applicable to accelerated depreciation, cost recovery, amortization, and various credits recovery period explain.
- Definition Resident Alien:
- Dictionary A citizen of another country who lives in the United States and/or has resident status by law or visa, or passes the substantial presence test recovery period what is.
- Definition Right:
- Dictionary The opportunity a corporation gives a shareholder to buy additional shares at a special price for a limited time. Shareholders who don't use their rights can sell them to other investors recovery period meaning.
How works Recovery Period meaning in Tax definitions R .
