Sentences with phrase «reducing accelerated depreciation»

Indeed, Chairman Camp, former Chairman Baucus, and the Wyden - Gregg tax reform plan all moved in the opposite direction, reducing accelerated depreciation to pay for lower tax rates.

Not exact matches

These are companies that have deferred paying taxes by reducing taxable income in the past with a variety of accounting techniques such as accelerated depreciation, non-deductible intangibles, or holding international profits overseas.

Furthermore, retaining bonus and accelerated depreciation would make it nearly impossible to reduce the corporate tax rate below 30 percent on a revenue - neutral basis without going beyond corporate tax expenditure reductions.

The effects included in the model calculations are adverse consequences for human health, decreased timber and agriculture yields, reduced visibility, accelerated depreciation of materials, and reductions in recreation services.

In order to establish an accelerated depreciation claim, one must show that he / she actually sold or is in the process of selling the damaged vehicle at a reduced amount.

In business it is common to accelerate the depreciation of an object in order to save on taxes, but bear in mind that this may reduce what you can recover from a loss.