Business, Legal & Accounting Glossary
When real property is sold at a gain and accelerated depreciation has been claimed, the owner may be required to pay a tax at ordinary (non-accelerated) rates to the extent of the excess accelerated depreciation.
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Definitions for Depreciation Recapture are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.