PERMANENT
Section 179 depreciation
- $500,000 expensing allowance and $2 million phase-out threshold which will be indexed for inflation for years after December 31, 2015
- Computer software and HVAC units made eligible
- Elimination of Section 179 expensing cap for qualified real property beginning in 2016
15-year straight-line recovery period for qualified leasehold improvements, qualified restaurant buildings and improvements and qualified retail improvements |
EXTENDED
Bonus Depreciation (through 2019)
- 50% rate for 2015-2017
- 40% rate for 2018
- 30% rate for 2019
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