0 if an asset is depreciable, a company can show its loss in value over time in its accounts:
Land is shown at its current replacement cost while a depreciable asset is shown at its current replacement cost less any depreciation to date.
All business promises should be depreciable for tax purposes just as they must be depreciated in order to arrive at commercial profits.
The energetic modernisation or replacement of existing equipment can be greatly assisted by the adding of depreciation allowances; and the existing allowances on depreciable assets cannot fail to be inadequate.
Taxpayers like the rule because it does not require them to keep track of or prove exactly when depreciable property was placed into service.
Accountants also distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all).
She has developed the notion of truth as a depreciable asset.
Since 1992, only depreciable personal property is subject to tax and all other personal property is exempt from tax.
A person with depreciable property must know when to start depreciating his/her property.
Depreciation allows one to deduct a certain amount of the value or basis of depreciable property per taxable year.
