Assertion: recapture | /r/HasProperty | process
Facets:
value: in tax accounting
type: OTHER
value: due to certain deductions
type: CAUSE
Source sentences:
text: Depreciation recapture is a process that allows the IRS to collect taxes on the financial gain a taxpayer earns from the sale of an asset.
text: In tax accounting, recapture is the process of adjusting taxable income higher due to certain deductions made in the previous period.
text: Mark and recapture is a process where a small group of a particular fish species is captured, marked or tagged, and then released so they can be recognized during a later recapture.
text: A: Recapture is the process by which so-called property wealthy school districts pay the state a fee that is then redistributed to school districts that raise little through local property taxes of their own.