Common Contracts

8 similar Depreciation Agreement contracts

Internal Revenue Service, Treasury § 1.167(e)–1
Depreciation Agreement • January 30th, 2020

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

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Contract
Depreciation Agreement • January 18th, 2020

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

Contract
Depreciation Agreement • January 10th, 2020

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

Contract
Depreciation Agreement • May 31st, 2016

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

Contract
Depreciation Agreement • December 18th, 2014
Contract
Depreciation Agreement • November 6th, 2014
Contract
Depreciation Agreement • August 28th, 2014

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

Contract
Depreciation Agreement • June 4th, 2012

shall set forth its effective date, the es- timated remaining useful life, the esti- mated salvage value, and rate and method of depreciation of the property and the facts and circumstances taken into consideration in adoption of the agreement, and shall relate only to de- preciation allowances for such property on and after the effective date of the agreement. Such an agreement shall be binding on both parties until such time as facts and circumstances which were not taken into account in making the agreement are shown to exist. The party wishing to modify or change the agreement shall have the responsi- bility of establishing the existence of such facts and circumstances. Any change in the useful life or rate speci- fied in such agreement shall be effec- tive only prospectively, that is, it shall be effective beginning with the taxable year in which notice of the intention to change, including facts and cir- cumstances warranting the adjustment of useful life and rate, is sent by the

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