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Finanse publiczne · 19/09/2013

IRS Issues Final Regulations on Tangible Property Deductions and Capitalization

The Internal Revenue Service (IRS) has released final regulations clarifying and expanding the standards for deducting and capitalizing expenditures related to tangible property, affecting all taxpayers who acquire, produce, or improve such property.

Source: Federal Register — Department of the TreasuryOpen original release →