388-835-0505  <<  388-835-0510 >>   388-835-0515

WAC 388-835-0510

What is the depreciation base of a tangible asset?

(1) The depreciation base of a tangible asset is the asset's historical cost at the time it is acquired by the provider in an arm's length transaction:
(a) Plus the cost of preparing the asset for use;
(b) Less the asset's estimated salvage value, if any, where the straight-line or sum-of-the-years digits methods of depreciation is used;
(c) Less any goodwill; and
(d) Less any accumulated depreciation incurred during periods the asset was used by the provider personally or in another business.
(2) When depreciable assets are acquired from a related organization, the provider's depreciation base cannot exceed the base the related organization had or would have had under a contract with DSHS.
[Statutory Authority: RCW 71A.20.140. WSR 01-10-013, ยง 388-835-0510, filed 4/20/01, effective 5/21/01.]
Site Contents
Selected content listed in alphabetical order under each group