BONUS DEPRECIATION
\bˈə͡ʊnəs dɪpɹˌiːʃɪˈe͡ɪʃən], \bˈəʊnəs dɪpɹˌiːʃɪˈeɪʃən], \b_ˈəʊ_n_ə_s d_ɪ_p_ɹ_ˌiː_ʃ_ɪ__ˈeɪ_ʃ_ə_n]\
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A US taxpayer can take 50% of an assets value during its year in service. The rest is a regular depreciation amount in the taxes. Any asset bought after December 31, 2007 but before January 1, 2011 are covered in this law. Some property has a longer perio
By Henry Campbell Black
Nearby Words
- bontemps
- bonten
- bonum magnum
- bonus
- bonus bill,
- BONUS DEPRECIATION
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- bonus-malus system
- bonus-penalty clause
- bonuses
- bonvivant