Match the appropriate terms in the left column to the definitions in the right column.
Definitions:
Tax Rate
The percentage at which an individual or corporation is taxed; the government sets these rates to collect revenues.
UCC
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.
Net After-Tax Salvage Value
The estimated resale value of an asset at the end of its useful life, minus any removal or disposal costs, and adjusted for taxes.
Recapture
A tax provision where previously deducted or credited amounts are added back to income.
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