Encyclopedia > A > Accelerated depreciation
Accelerated depreciation
Accelerated depreciation refers to allowing a company to depreciate an asset (such as a unit of machinery) at a higher-than-normal rate, thus potentially reducing taxes payable in the years with the greater depreciation. Generally, this is for corporate profit tax, although it may be applied to other taxes in some cases.
Information are taken from Wikipedia, the open encyclopedia, to which contribute many volunteers from around the whole world. Texts are available under the following conditions GNU Free Documentation License.
Encyklopedie (cz) Encyklopédia (sk) Enzyklopädie (de)