A tax rule that assumes a newly acquired asset is in service for one-half of the taxable year regardless of when it is actually placed in service.

Name: A tax rule that assumes a newly acquired asset is in service for one-half of the taxable year regardless of when it is actually placed in service.
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The Answer of A tax rule that assumes a newly acquired asset is in service for one-half of the taxable year regardless of when it is actually placed in service.

A Tax Rule That Assumes a Newly Acquired Asset Is