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recapture

recapture

8.9
The act of the government taking back extra profits under tax rules
  • noun
  • /ˌriːˈkæptʃər/
  • Formal
translation icon : recuperación (fiscal)
  • 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.

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

capture
vsrecapture
112 3.2

The act of taking control of another person or their land by force

is about legal governmental seizure of profits above a set limit
confiscation
vsrecapture
15 5.4

An authority takes someone's property as a punishment

is limited to seizing excess profits under tax or financial rules
clawback
vsrecapture
  • Specialized
2 8.8

To take back money already paid, often by law

is a government seizure of profits exceeding a fixed limit
recoupment
vsrecapture
  • Formal
1 7.7

To get back money that you lost or paid out

is a specific government seizure of excess profits under regulations

How Severe

confiscation
15 5.4
clawback
  • Specialized
2 8.8
recapture
  • Formal
8.9
penalty
160 2.9
fine
321 2.8
adjustment
  • Specialized
40 3.7

Surface Forms

recapture singular
recaptures plural

Morphology

recapture = capture (semi-transparent) = re + capture

Morphologically clear ('take back' or 'seize again'), but the specific legal/tax meaning is specialized and may not be inferable to learners from the parts alone.

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.