asset depreciation range

Definition of "asset depreciation range"
  1. The span of usable lifetimes that different kinds of properties are allocated under the tax regulation laws for the process of depreciation
How to use "asset depreciation range" in a sentence
  1. The business is calculating the asset depreciation range for new equipment purchased.
  2. The IRS has specific guidelines on determining the asset depreciation range for various properties.
  3. Correct application of the asset depreciation range can lead to significant tax benefits.

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