English
Detailed Synonyms for MACRS in English
MACRS:
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the MACRS
– A method of accelerated depreciation permitted by tax codes that classifies depreciable assets into one of several recovery periods, each of which has a designated pattern of allowable depreciation. 1the MACRS; the Modified Accelerated Cost Recovery System– A method of accelerated depreciation permitted by tax codes that classifies depreciable assets into one of several recovery periods, each of which has a designated pattern of allowable depreciation. 1