释义 |
`1`Modified Accelerated Cost Recovery System (Macrs) `2` "Legal Lexicon":
MODIFIED ACCELERATED COST RECOVERY SYSTEM (MACRS) - A system of computing and allocating depreciation of property and equipment over one or more periods that is prescribed by the Internal Revenue Code. The MACRS system is a modification of the Accelerated Cost Recovery System method of depreciation introduced in the Tax Reform Act of 1986. |