单词 | tax depreciation |
释义 | tax depreciation in Accounting (tæks dɪpriʃieɪʃən) noun (Accounting: Tax) tax, depreciation Tax depreciation is depreciation in a company's internal financial records that is different from the amount that is used for the internal books. Tax depreciation is taken as an expense on your tax return each year for whatever depreciable assetsyou have. Tax depreciation deductions are greater than book depreciation expense amounts early in the life ofa depreciable asset, but that situation reverses in later years. Tax depreciation is depreciation in a company's internal financial records that is different fromthe amount that is used for the internal books. |
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