Asset Depreciation Range System

(redirected from ADR System)

Asset Depreciation Range System

A range of depreciable lives the IRS allows for particular classes of assets.

Asset Depreciation Range System

A system for determining the useful life of different kinds of assets that the IRS uses in determining depreciation. This is used in turn to determine the taxation for different assets. See also: Modified Accelerated Cost Recovery System.
References in periodicals archive ?
The setting up ADR system was introduced in the Punjab in March,2017 that produced remarkable results for speedy disposal of cases.
With the ADR system you should expect to see a shrinking gap and massive improvement.
Addressing a seminar on the performance of ADR centres here at Punjab Judicial Academy, the chief justice said he fully supported the ADR system and it was only solution to get rid of the menace of litigation.
Tenders are invited for Replacement Of Worn Out Lift Control Panel Including Providing And Fixing Adr System Replacement Of Of Indicator Cable Etc For Existing Lift Installed In Ag Audit Office Building Shillong
The implementing rules of this landmark law defined the ADR system as a 'process or procedure used to resolve a dispute or controversy, other than by adjudication of a presiding judge of a court or an officer of a government agency, xxx, in which a neutral third person participates to assist in the resolution of issues, including arbitration, mediation, conciliation, early neutral evaluation, minitrial or any combination thereof.
In 2016, Kyocera participated in a VPP test project using storage batteries and IoT technologies, as well as the ADR system.
Organizations that identify a champion who manages and teaches the ADR system tend to be much more successful with the technology than those that view it as a simple plug-and-play solution.
The Japanese Financial Supervisory Agency (FSA) introduced the ADR system in October 2010 to make the dispute-resolution process simpler and more cost-effective for users.
Combined with physical prototyping, technology improvements are generated and rigorously tested prior to becoming part of the ADR system.
However, the financial support of ADR by business organizations raises the problems related to impartiality and independence of the ADR system and ensuring of the absence of pressure by a business on an ADR entity.
During a vote, on 10 October, MEPs invited the EU executive to present a legislative proposal introducing minimal standards, which could be the basis for the provisions of the ADR system.
Madut expressed concern over the current arrangement in which primary courts were excluded from the ADR system leading to a large backlog of cases in the newly independent country.