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Taxes

Investment allowance

When it comes to finance, understanding the concept of allowance for depreciable assets is crucial. This refers to the additional amount added to the initial cost of a qualifying asset for the purpose of depreciation. Typically, this allowance is granted in the year of acquisition or as soon as possible thereafter.

Related terms

Tax on tax

Understand the meaning and definition of Tax on tax in the context of stock market, trading, and investments.

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Power of attorney

Understand the meaning and definition of Power of attorney in the context of stock market, trading, and investments.

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Indirect tax credit

Understand the meaning and definition of Indirect tax credit in the context of stock market, trading, and investments.

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Tax secrecy

Understand the meaning and definition of Tax secrecy in the context of stock market, trading, and investments.

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Deferred income

Understand the meaning and definition of Deferred income in the context of stock market, trading, and investments.

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