It stands for 'Modified Accelerated Cost Recovery System'. Act of 1986 which establish rules for the depreciation of assets, which allows a greater acceleration over long periods of qualifying time. In return, firms receive a larger tax-break in earlier years, as it is depreciated faster.
17:33, 11 November 2013
Malaysia is the only developed nation since its ...
Municipal bonds, aka 'munis', are debt issued from the ...
More commonly referred to as a 'plastic banknote'; the ...
A business which is owned by the group of people who have ...
As it sounds, a revenue bond is backed by the revenue ...
Not necessarily a bad thing. Call risk is when the issuer ...
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