investment allowance definition
investment allowance means the maritime vessels investment allowance referred to in regulation 5(1);
investment allowance means authorisation to take a certain percentage of the total investment made to get the project commissioned and attribute it against the profit of the project to determine taxable income. During the first year, the investment allowance is taken in lieu of the usual depreciation allowances;
investment allowance means authorization to set forty (40%) of the invested capital in new or used depreciable business in order to compute first annual taxable income following the purchase of such business assets.