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. Congressional Research Service

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] 2015

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 Apr. 2015). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. Section 179 and Bonus Depreciation Expensing Allowances

Publisher Number:

CRS-2015-DSP-0157

Access Restriction:

Restricted for use by site license