Section 179 and Bonus Depreciation Expensing Allowances Current Law, Legislative Proposals in the 113th Congress, and Economic Effects

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

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2014

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 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 13-RL-31852b in the 2013 issue

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2014). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2014-GVF-0237

Access Restriction:

Restricted for use by site license