Section 388-835-0550. How are gains and losses calculated when a tangible asset is retired?

Latest version.

When a tangible asset is retired, the difference between the assets undepreciated base and any proceeds received from its retirement is considered a gain or loss on retirement.

[Statutory Authority: RCW 71A.20.140. WSR 01-10-013, § 388-835-0550, filed 4/20/01, effective 5/21/01.]

RCW 71A.20.140. WSR 01-10-013, § 388-835-0550, filed 4/20/01, effective 5/21/01.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');