| United States. Congress. Senate. Committee on Finance - 1969 - 406 pages
...— and would during that time be taxed on a declining proportion of its income from this property. In that setting, accelerated depreciation can be used...result by enlarging deductions in early years, in which the taxes would otherwise be high because of the large amount of indebtedness outstanding. To the extent... | |
| United States. Congress. House. Committee on Ways and Means - 1970 - 1538 pages
...total Income). The deduction for depreciation would be restricted to the straight-line method, however. Accelerated depreciation ordinarily has the effect...property is longer than the term of the Indebtedness (and it would seem difficult to argue that a sale has occurred if it is not), acceleration of depreciation... | |
| United States. Congress. House. Committee on Ways and Means - 1969 - 1494 pages
...total income). The deduction for depreciation would be restricted to the straightline method, however. Accelerated depreciation ordinarily has the effect...property is longer than the term of the indebtedness (and it would seem difficult to argue that a sale has occurred if it is not) , acceleration of depreciation... | |
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