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单词 adjusted basis value
释义

adjusted basis value

Definition
Original cost or base price of a fixed asset from which depreciation is deducted, and to which capital expenditure is added. It is a taxpayer's equivalent of book value, and is used to arrive at capital gain or capital loss (resulting from the sale of an asset) for computing applicable tax. Also called adjustable basis value.
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更新时间:2025/4/16 11:05:10