If at Least 50% of the Aggregate Basis of All

question 59

True/False

If at least 50% of the aggregate basis of all new personal property for the tax year is placed in service during the last three months of the year,the mid-quarter convention is required.

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Definitions:

Thalamus

A brain structure that acts as a relay station for information between the spinal cord and the cerebral cortex.

Human Brain

The central organ of the human nervous system, responsible for thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.

Blind Spot

An area in the visual field that lacks detection due to the absence of receptor cells on the spot where the optic nerve enters the retina.

Axons

Long, slender projections of nerve cells that transmit electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.