Business Glossary
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portion of a capital gain (the amount of a gain on depreciable assets) representing tax benefits previously taken and taxed as ordinary income.
same as depreciation recapture .
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

