Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Coporate Response to Accelerated Tax Depreciation: Bonus Depreciation for Tax Years 2002-2004

Coporate Response to Accelerated Tax Depreciation: Bonus Depreciation for Tax Years 2002-2004

Knittel, Matthew

Paperback

General Reference

ISBN10: 1505382327
ISBN13: 9781505382327
Publisher: Createspace
Published: Jan 1 2015
Pages: 28
Weight: 0.20
Height: 0.06 Width: 8.50 Depth: 11.02
Language: English
This paper examines how corporations responded to temporary accelerated tax depreciation made available by the Jobs Creation and Worker Assistance Act of 2002 and the Jobs and Growth Tax Relief and Reconciliation Act of 2003. Data for tax years 2002 through 2004 reveal that 55 to 63 percent of corporate investment claimed accelerated tax depreciation. Utilization rates were slightly lower for C corporations (54 to 61 percent) than S corporations (65 to 70 percent). The lower C corporation utilization rate may be attributable to net operating losses and tax credits carried forward by C corporations as well as new tax credits. Utilization rates were generally higher for industries where investment is dominated by a relatively small number of firms (e.g., utilities and telecommunications) with longer-lived investment.

Also in

General Reference

View All