Examlex
§1250 recaptures the excess of accelerated depreciation over straight line depreciation on real property placed in service between 1981 and 1986 as ordinary income.
EURO
The official currency of the Eurozone, which is used by 19 of the 27 European Union countries.
Official Currency
The legally established money within a country that is used as a medium of exchange, store of value, and unit of account.
GDP
Gross Domestic Product, the total value of all goods and services produced within a country in a given period, a primary indicator of economic health.
GATT Agreement
The General Agreement on Tariffs and Trade; a legal agreement between many countries whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.
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