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2012 Critical Year for Tax Policy

50-Percent Bonus Depreciation Still Available Until 2013

February 17, 2012

* However, in no event will the credits be allowed to exceed $30 million, and straight-line depreciation must be used for such property. There are also special rules for corporations that are part of controlled groups or partnerships.

NPES cautions that this article is solely informational and does not constitute legal, financial, investment or other advice from NPES. Readers are advised to seek professional counsel from their own financial, accounting and legal advisors to apply these incentives and other tax laws to their particular circumstances.

For more information, contact NPES Government Affairs Director Mark J. Nuzzaco at (703) 264-7235 or mnuzzaco@npes.org.

Source: NPES.
 

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