Time to Go to the US!!!
Also following 2017 Tax Reform, the cost of qualifying property of no more than $500,000 per piece can be deducted for tax purpose. In addition, additional first-year depreciation deduction is allowed equal to 50% of the adjusted basis of qualified property. Qualifying property is also extended to property already put in service. The ability to depreciate assets upfront provides strong incentive for fixed asset investment.
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Bonus Depreciation Rule |
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