Full Form of CLADR
| Full Form: | Class Life Asset Depreciation Range |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is CLADR Full Form?
CLADR is full form Class Life Asset Depreciation Range
What is Class Life Asset Depreciation Range?
The class life is the IRS's estimate of the average useful life of assets used in that industry. Once the class life for an industry or business activity is determined, depreciation periods for the assets used in the industry are determined under the following schedule: MACRS depreciation period for industry assets.