Composite Depreciation

Composite Depreciation

Composite Depreciation means:
applying one depreciation rate to an entire group of assets. For example, in real estate the foundation and framing of a building may last more than 50 years, whereas the electrical and plumbing systems have much shorter lives, say 20 years. A composite rate provides a weighted average life, perhaps 33 '/3 years for real estate.

See also other Tax Terms and Definitions in U.S.A.

component depreciation.

See Depreciation in the United States Encyclopedia of Law and Depreciation in the World Encyclopedia of Law.


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *