depreciable period

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 199A — for purposes of this section (2 versions over time)

The term "depreciable period" means, with respect to qualified property of a taxpayer, the period beginning on the date the property was first placed in service by the taxpayer and ending on the later of—

(i) the date that is 10 years after such date, or

(ii) the last day of the last full year in the applicable recovery period that would apply to the property under section 168 (determined without regard to subsection (g) thereof).