Examlex
When you pass an array to a method, by default, a copy of each element in the array is made and passed to the method.
Regular Tax Depreciation
A deduction that allows taxpayers to recover the cost of property used in a business or held for the production of income, computed under the regular tax system.
Real Property
Land and anything permanently attached to it, such as buildings and structures, classified as immovable by law.
Depreciation Adjustment
An accounting method that allocates the cost of tangible assets over their useful life, affecting taxable income.
AMT Purposes
Refers to the objectives of the Alternative Minimum Tax, which is to ensure that individuals and corporations that benefit from certain exclusions, deductions, or credits pay at least a minimum amount of tax.
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