TAX DEPRECIATION
(noun)Definitions
There is 1 meaning of the phrase
Tax Depreciation.
Tax Depreciation - as a noun
A tax deduction for recovery of the cost of assets used in a business or for the production of income.
Example Sentences
"Claiming tax depreciation can help reduce a company's annual tax liability."
"The tax depreciation of vehicles typically follows a predetermined schedule."
"Real estate investors can benefit from tax depreciation deductions on rental properties."
"Understanding tax depreciation rules is important for accurate financial reporting."
"The IRS provides guidelines for calculating tax depreciation for various types of assets."
