ANTICHURNING RULE

By SovConn | August 19, 2014

antichurning rule.Tax. A statutory or regulatory provision that denies certain tax advantages,

esp. accelerated depreciation and amortization schedules, to taxpayers who acquire property in a

transaction  that  does  not  result  in  a  significant  change  in  the  property’s  ownership  or  use.  See

CHURNING(2). [Blacks Law 8th]

Posted in Law Dictionary Definitions