As stated above, the maximum first-year depreciation deduction allowed for a van or light truck is $10,710 (exclusive of any 2003 increase).
What does LT stand for?
LT stands for Light Truck
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of LT
We have 55 other meanings of LT in our Acronym Attic
- Letter of Transmittal
- Leutnant (German: second lieutenant)
- Level Transmitter
- Life Threatening
- Lifetap (MMORPG games)
- Light Tank
- Light Traffic
Samples in periodicals archive:
As a result, aluminum and plastic often are replacing steel in cars and light truck components.
If it is assumed that only current technologies are available through the period, the light truck CAFE standard would have to rise from the current 20.
Though sales of passenger cars and light trucks kept pace with last year and have actually grown slightly in the first half of '00, high inventories have resulted and plant idlings are planned in the second half.