Table of Contents
What recaptured means?
1a : the act of retaking. b : an instance of being retaken. 2 : the retaking of a prize or goods under international law. 3 : a government seizure under law of earnings or profits beyond a fixed amount. recapture.
What is another word for recapture?
In this page you can discover 13 synonyms, antonyms, idiomatic expressions, and related words for recapture, like: recover, regain, retake, retaking, reexperience, , remember, revive, recreate, rekindle and rediscover.
Does Recap mean recapture?
To bring back by remembering. To recapture a feeling. A recapturing or being recaptured. The placing in reserve or the taking by the government under law of a fixed portion of all business earnings exceeding a specified percentage of property value.
How do you use recapture in a sentence?
The breeze was chilly but I strode along, trying to recapture the Serenity I needed. Their aim was always to recapture what was to them the highest aspect of Vedic religion which had been lost. However, even after the recapture of the city the symptoms of decline are evident.
What is recapture tax?
When a depreciable fixed asset is sold, its capital cost allowance (CCA) class is reduced by deducting the lower of its original cost, or its proceeds of sale. This gain is referred to as a “recapture” of CCA, and must be included in business or property income for the year.
What is a recapture of CCA?
A recapture of capital cost allowance (CCA) can occur when the proceeds from the sale of depreciable rental property are more than the total of both: the undepreciated capital cost (UCC) of the class at the start of the year. the capital cost of any additions during the year.
What is a recapture agreement?
A recapture clause refers to a stipulation in a contract that allows the seller of an asset to take the asset back under certain conditions. In such a lease, the clause grants a landlord the right to take back possession of a property prior to the expiration of a lease.
How does recapture work?
Recapture allows a seller of some asset or property to reclaim some or all of it at a later date. The seller will have the option to buy back what has been sold, within a certain window of time, often at a higher price than what it was initially sold for.
What is a recap movie?
A recap sequence (or recap, often announced as “Previously on…”) is a narrative device used by many television series to bring the viewer up to date with the current events of the stories’ plot.
What is Recepture?
Recapture is a condition set by the seller of an asset that gives him/her the right to purchase back some or all of the assets within a certain period of time. In this way, it is similar to a repurchase agreement (repo).
What does recapture mean in real estate?
What is recaptured capital cost?
What is the meaning of ‘recapture’?
DEFINITION of Recapture. Recapture is a condition set by the seller of an asset that gives him/her the right to purchase back some or all of the assets within a certain period of time.
What is the noun for recapture?
To capture again.
How do you calculate depreciation recapture?
How to Calculate Depreciation Recapture. Calculate the depreciation that was allowable for all years including the year you sold the asset. Add this back to the basis of the asset, then find the difference between the selling price and the basis. Examine the depreciation that was allowed, including in the year of disposal.
What is recaptured depreciation rate?
Depreciation recapture is the portion of the gain attributable to the depreciation deductions previously allowed during the period the taxpayer owned the property. The depreciation recapture rate on this portion of the gain is 25%.