Home >  Term: depreciation, asset depreciation range (ADR)
depreciation, asset depreciation range (ADR)

A system of tax depreciation which enables a corporation to choose any life falling within 20% of the designated class life for determining its annual depreciation charge. ADR requires an annual election and all depreciation records must be maintained by vintage year.

0 0

Creator

  • JJD
  •  (Gold) 2369 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.