The General Depreciation System (GDS) is a tax depreciation system used to determine the depreciation deduction for depreciable property using the Modified Accelerated Cost Recovery System (MACRS) in the United States.
The General Depreciation System (GDS) is the primary method used for calculating tax depreciation under the Modified Accelerated Cost Recovery System (MACRS). GDS allows for the use of the declining-balance method over short recovery periods.
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