capital asset


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Related to capital asset: Capital asset pricing model

Capital asset

A long-term asset, such as land or a building, not purchased or sold in the normal course of business.

Capital Asset

An asset that the owner intends to hold and derive benefits from for a period of more than one year. Capital assets include long-term investments such as land and major equipment. It is difficult to liquidate capital assets, and companies usually do so when they are extremely cash poor. They are intended to help produce a business' profits and are therefore usually necessary investments. For tax purposes, one represents the value of capital assets with the "property, plant, and equipment" figure.

capital asset

An asset that has an expected life of more than one year and that is not bought and sold in the usual course of business. Buildings and machinery are examples of capital assets.

capital asset

(1) All property held by a taxpayer except inventory or goods in process. (2) All property except that held for resale to others in the ordinary course of business.

Capital Asset

Broadly speaking, all assets are capital assets except those specifically excluded by the tax Code. Major categories of noncapital assets include property held for resale in the normal course of business (inventory), trade accounts and notes receivable, depreciable property, and real estate used in a trade or business.
References in periodicals archive ?
The focus of the 504 Loan Program is economic development through the purchase and/or construction of capital assets while requiring minimal cash down payments and longer repayment terms with a fixed interest rate feature.
1 (1993) (discussed in the text under the heading "Characterization"), which held that a taxpayer's engineers' reclassification of 8.8 billion cubic feet of gas from inventory to capital asset was a change in accounting method, not a change in facts.
Regarding the Sharia's Compliant Money Market Fund category, CI Capital Asset Management topped the list with the United Bank of Egypt's sharia's compliant money market fund titled 'Rakhaa'.
Nippon Capital Asset Management J-LLC's client roster has been the beneficiary of Mr Noda's fee-reduction program introduced earlier this year to favorable reception from both institutional and private clients.
A capital asset should always be reported as an asset of the government that maintains it.
Capital Asset Pricing Model (CAPM) has been used extensively by all the experts, analysts, and financiers.
An asset tag should be placed on each capital asset after it is purchased.
MVTRAC, a provider of license plate recognition software and data solutions for auto financing and asset recovery agencies, has announced completion of a growth recapitalisation of the company with Bison Capital Asset Management LLC.
A CAPITAL GAIN OR LOSS generally requires the "sale or exchange" of a capital asset. Capital losses are generally usable only to offset capital gains (with an additional deduction for individuals of net capital loss against ordinary income, usually limited to $3,000 per year).
Tenders are invited for Capital Asset Valuation and Physical Inventory Services
with respect to property which is (or on acquisition would be) a capital asset in the hands of the taxpayer ...
The company today received approval from Securities and Exchange Board of India (Sebi) for increasing Nippon Life Insurance's stake from existing 35 per cent to 49 per cent, Reliance Capital Asset Management (RCAM) said in a statement.

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