Interim Guidance on Special Depreciation Allowance for Qualified Production Property (Notice 2026-16)

3 organizations filed 3 public comments on Interim Guidance on Special Depreciation Allowance for Qualified Production Property (Notice 2026-16), at the Internal Revenue Service. The comment window closed 99d ago.

Abstract

This notice announces that the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to issue proposed regulations (forthcoming proposed regulations) addressing the special depreciation allowance for qualified production property under § 168(n) of the Internal Revenue Code (Code),1 as added by § 70307 of Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill Act (OBBBA).

Commenters (3)

• American Chemistry Counciltrade assoc.

  1 filing · confidence 97%
• National Association of Manufacturers (NAM)trade assoc.

  1 filing · confidence 97%
• U.S. Chamber of Commerce

  1 filing · confidence 97%