Sentences with phrase «law on depreciation»

NAR has launched an aggressive campaign to persuade lawmakers to pass a broad - based capital gains relief package that preserves the current law on depreciation recapture.

Not exact matches

Governor Branstad has vetoed a bill that would have coupled Iowa tax law with federal tax law on bonus depreciation for 2011.
[3] The STL system is in fact composed of 5 different measures, namely (1) the accelerated depreciation rule (Article 115 (6) of the Spanish Tax Law on Corporate Tax (TRLIS)-RRB-; (2) the discretionary application of early depreciation (Article 115 (11) TRLIS and Articles 48 (4) and 49 of the Spanish Regulation on Corporate Tax (RIS); the tax status of EIGs (Article 48 and 49 TRLIS); (4) the Tonnage Tax system (Articles 124 to 128 TRLIS); and (5) a rule according to which certain sea - going vessels that would normally be regarded as used or second hand upon their transfer into the Tonnage Tax system are deemed to be new (Article 50 (3) RIS).
Change the tax rate of gain on sale of real property that represents depreciation recapture from the current - law rate of 25 percent to ordinary income tax rates.
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