National Automobile Dealers Association
IRSRulemakingIRS-2019-0041

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

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Last modified
Dec 13, 2021
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closed 2437d ago
National Automobile Dealers Association filings
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Activity

National Automobile Dealers Association filed 1 comment on this docket between Nov 25, 2019 and Nov 25, 2019. 0 other organizations filed here. The comment window closed 2437d ago.

What National Automobile Dealers Association filed (1)

Nov 25, 2019· Comment from Paul Dorsey, National Automobile Dealers Association· IRS-2019-0041-0003

Please see Crowe's comment filed on behalf of NADA.

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.

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