What is the difference between the US and International versions?
The difference is related to how tax depreciation is calculated. The US uses a method known as modified accelerated cost recovery system (MACRS), which defines both the recovery period and the amount that can be written off each year. Other jurisdictions tend to use double-declining, straight-line, or sum-of-years’ digits methods for tax depreciation. These methods apply a formula to calculate the amount of depreciation each year.
