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State by State Incentives Guide

Buisness Facilities Contributed Content

Improved accelerated depreciation schedules. Five-year accelerated depreciation schedules reduce corporate tax burdens. This allows many companies to recover investments more quickly, significantly reducing personal property’s full cash value, and taxes owed, over five years. Sales factor further reduces corporate tax burdens.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

PROPERTY TAX REFORM: Business: Accelerated Depreciation schedules for prospective acquisitions of commercial personal property have also been improved. Five-year accelerated depreciation schedules have been increased to help companies recover their investments even faster. The previous statute defined the schedule.

Income 75