recapture
- noun
- /ˌriːˈkæptʃər/
- Formal
- When the property was sold, the owner faced a recapture tax due to the previous financial incentives received.
- depreciation recapture
Part of the reason why I don't sell is because I'll have a depreciation recapture, capital gain and all that kind of stuff.
- Part of the reason why I don't sell is because I'll have a depreciation recapture, capital gain and all that kind of stuff.
Examples
-
Temporal relationships were described by grouping recaptures by season and area of recapture in relation to time of freedom.
Academic text (1994) -
Returns from outside of Florida were partitioned into the state of recapture.
Academic text (1994) -
And the depreciation recapture has its own rates.
-
People, depreciation recapture is something wonderful in the sense that we're getting use of our money early on.
-
Depreciation recapture, however, must be recognized entirely in the year of sale.
Academic text (1999) -
Part of the reason why I don't sell is because I'll have a depreciation recapture, capital gain and all that kind of stuff.
-
Congress also required, under certain circumstances, control of emissions from gasoline evaporation and the recapture of refueling emissions.
Academic text (1994) -
A later sale of depreciable livestock would be subject to depreciation recapture under IRC section 1245 and gain or loss rules under IRC section 1231.
Academic text (2018) -
The government imposed a recapture tax on profits that exceeded the allowable limit for small businesses.
-
For taxpayers, understanding the recapture tax is essential to avoid unexpected charges during tax season.
Synonyms
The act of taking control of another person or their land by force
An authority takes someone's property as a punishment
To take back money already paid, often by law
To get back money that you lost or paid out
How Severe
- Specialized
- Formal
- Specialized
Surface Forms
Morphology
Etymology
Recapture in law also uses re- 'again' and capture 'to take', which helps you remember it is about the government 'taking back' extra profits or money under tax rules.