depreciable capital
1Capital asset — has two related meanings in the fields of accounting and financial economics. In accounting, a capital asset is an asset that is recorded on a balance sheet as capital that is, property that creates more property, e.g. a factory that creates… …
2capital assets — Assets which are held other than as trading assets. + capital assets USA All property held by a taxpayer unless specifically excluded under the IRC (IRC § 1221(a)). The following types of property are generally excluded from the definition of… …
3Capital Cost Allowance — (CCA) is effectively the means by which Canadians may claim depreciation expense. Depreciable items are deemed to belong to different classes which depreciate at different rates and are subject to different rules. For the most common classes the… …
4Capital gains tax — A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of a non inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds,… …
5capital costs — Costs for improvements to property; such are depreciable over the useful life of the improvements …
6capital costs — Costs for improvements to property; such are depreciable over the useful life of the improvements …
7Mt. Morris Drive-in Theatre Co. v. Commissioner — Mt. Morris Drive in Theatre Co. v. Commissioner., 25 T.C. 272 (1955)[1], was a case in which the court considered whether the $8,224 spent to construct a drive in theatre s drainage system was deductible as an ordinary and necessary business… …
8Midland Empire Packing Company v. Commissioner — of Internal Revenue Court United States Tax Court Date decided April 19, 1950 Citation(s) 14 T.C. 635 Judge(s) sitting Arundell Case opinions …
9Depreciation Recapture — The gain received from the sale of depreciable capital property that must be reported as income. Depreciation recapture is assessed when the tax basis of an asset exceeds the sale price. The difference between these figures is thus recaptured by… …
10Depreciation — Not to be confused with Deprecation. Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used… …
