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| Definition Of: |
Tax Reform Act of 1986 (TRA 86)
Tax law that effected a major overhaul of the U.S. tax system by lowering tax rates- slowing down the Accelerated Cost Recovery System (now MACRS)- repealing the Investment Tax Credit (ITC) and repealing the transitional finance lease.
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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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