Decoupling modification: Difference between revisions

Revision as of 21:32, 14 September 2010

Revision as of 00:25, 16 September 2010

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{{Multiple issues|article=yes|confusing=January 2010|notability=January 2010|unreferenced=January 2010|orphan =September 2010}}

'''Decoupling modification''' is a [[tax]] terminology resulting from the [[federal tax law]] enacted March 9, 2002, which created a new tax deduction for "bonus depreciation" that threatens to cost states very large amounts of revenue. Prior to such law, nearly all states used the federal definition of taxable business income including the federal allowance for depreciation as the basis for their own tax calculations.

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*[[Tax deduction]]

*[[Depreciation recapture]]

{{DEFAULTSORT:Decoupling Modification}}

[[Category:Taxation]]

==External links==

* [http://www.irs.gov/ The Internal Revenue Service Website]

* [http://www.access.gpo.gov/uscode/title26/title26.html The Internal Revenue Code]

{{DEFAULTSORT:Decoupling Modification}}

[[Category:Taxation]]

[[Category:Taxation in the United States]]