Stats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.tats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.
Claim a depreciation deduction for a company car on your business income taxes. Comstock/Comstock/Getty Images. When you use a car for your company, the Internal Revenue Service allows you to depreciate the car and write off the expense on your income taxes.
You cannot deduct the cost of a property, such as a vehicle or musical instrument that you use to earn your income. However, you can deduct a percentage of the property's cost. The part of the cost you can deduct or claim is called depreciation or, for income tax purposes, capital cost allowance (CCA) . Definitions.hen you trade in a property to buy a new one, your proceeds of disposition is the amount you receive for the trade-in. Undepreciated capital cost (UCC) is the balance of the capital cost left for further depreciation at any given time. The amount of CCA you claim each year will lower the UCC of the property.