United States:
House Votes To Make Bonus Depreciation Permanent
24 July 2014
Grant Thornton LLP
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The House passed a measure to make bonus depreciation permanent
by a vote of 258–160 on July 11. However, a final resolution
on the 50-plus provisions that expired at the end of 2013 still
looks unlikely until late in the year.
For an update on the outlook for the extenders and a full table
detailing the status of each expired, see our latest
Tax Legislative Update.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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