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ADR
(redirected from Asset Depreciation Range)

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ADR - Astra Digital Radio


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51) In 1971, the Department of Treasury adopted the Asset Depreciation Range System (ADR) that allowed firms to depreciate their assets over a period that was twenty percent shorter than the 1962 guidelines.
It is designed as a summary and working handbook for the three main depreciation-related revenue systems currently in use: the Modified Accelerated Cost Recovery System (MACRS); the Accelerated Cost Recovery System (ACRS); and the Asset Depreciation Range (ADR).
The depreciation discussion covers legislation enacted since 1913 and also refers to early Treasury Regulations, "Bulletin F" as issued in 1931 and revised in 1934, the Treasury guideline depreciation rules that were issued in 1962, and the 1971 Asset Depreciation Range system, which Congress subsequently authorized by the 1971 tax act.
 
 
 
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