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| Definition Of: | |||||||||
Modified Accelerated Cost Recovery System (MACRS)
The current tax depreciation system as introduced by the Tax Reform Act of 1986- effective for equipment placed in service after December 31- 1986.
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Leasing Dictionary INDEX:List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 A: Page 1 of 4.
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