Additional First Year Depreciation Deduction (REG-106808-19)

1 organizations filed 1 public comment on Additional First Year Depreciation Deduction (REG-106808-19), at the Internal Revenue Service. The comment window closed 2437d ago.

Abstract

This document contains proposed regulations that provide guidance regarding the additional first year depreciation deduction under section 168(k) of the Internal Revenue Code (Code). These proposed regulations reflect and clarify the increase of the benefit and expansion of the universe of qualifying property, particularly to certain classes of used property, made by the Tax Cuts and Jobs Act.

Commenters (1)

• National Automobile Dealers Associationtrade assoc.

  1 filing · confidence 97%