The Section 179 and Bonus Depreciation Expensing Allowances : Current Law and Issues for the 114th Congress.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Income tax.

Small business.

Tax incentives.

Physical Description:

1 online resource (1 online resource (22 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2014.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Examines current status of two expensing allowances available to small businesses under Sections 179 and Section 168(k) of the Internal Revenue Code, and discusses initiatives in the 113th and 114th Congresses to modify them. Explains how the allowance works, summarizes its legislative history, and assesses possible effects of the allowance on economic efficiency, equity, and tax administration.

This report is one in a series of updates. For the most recent coverage of this report series, please see 14-RL-31852d in the 2014 issue.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Mar. 2015). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Government Division. Section 179 and Bonus Depreciation Expensing Allowances

Access Restriction:

Restricted for use by site license.