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What is MACRS (Modified Accelerated Cost Recovery System)?

Auditing ERP Financial Accounting IFRS Tally ERP
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Question added by Anil Lalwani , Chief Accountant , Al Ahli Hospital
Date Posted: 2016/10/20
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kamran khalid
by kamran khalid , Accountant , Callguard Security Services

MACRS depreciation is the tax depreciation system used in the United States. MACRS is an acronym for Modified Accelerated Cost Recovery System.

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