adjusted tax basis

Adjusted Basis

The cost of an asset after various deductions and additions such as depreciation, brokerage fees, or dividends. Tax on such an asset is calculated from the adjusted basis rather than the price that was actually paid.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

adjusted tax basis

See adjusted basis.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.