Annual Depreciation Allowance

Annual Depreciation Allowance

The depreciation on an asset that a tax agency permits each year. This contrasts with accumulated depreciation, which is calculated by multiplying the annual depreciation allowance by the number of years the asset has been held.
References in periodicals archive ?
Permitted methods: The final rules provide guidance on how taxpayers may determine the annual depreciation allowance under Sec.
The rules address how to determine annual depreciation allowances using the modified accelerated cost recovery system (MACRS) under Sec.
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