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In 2023, under the Tax Cuts and Jobs Act (TCJA), bonus depreciation increased to 80% and applies to both new and used property. However, for
In 2023, under the Tax Cuts and Jobs Act (TCJA), bonus depreciation increased to 80% and applies to both new and used property. However, for California tax purposes, bonus depreciation is what percentage? A. 10% B. 25% C. 50% D. No bonus depreciation
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Corporate Financial Strategy
Authors: Ruth Bender
4th Edition
1136181105, 9781136181108
