Topic
Depreciation
72 published works
Dentons Insights
Depreciation of petroleum exploration expenditure in Tanzania: an analysis of <em>Commissioner General (TRA) v Beach Petroleum (Tanzania) Limited</em>
By Dentons
Tanzania: Petroleum exploration is capital-intensive and uncertain, as a company may spend years acquiring geological data, conducting surveys and preparing to drill before discovering a commercially viable resource. Even where…
Connecticut State & Local Tax Alert
Connecticut Just Changed the Rules on R&E Deductions and Bonus Depreciation
By Elva M. Saltzman, Deanna McWeeney
Connecticut recently enacted two significant changes to its corporation business tax that may affect how businesses compute their state tax liability and, in some cases, may create additional tax obligations…
Insurance Law Hawaii
Insured’s Failure to Determine Depreciation When Presenting Claim for Replacement Cost Value
The Third Circuit affirmed the district court's granting of summary judgment to the insurer when the insured submitted replacement cost value of the loss but did not include a determination…
SALT Shaker
Governor Hochul’s New York FY 2027 Executive Budget proposal released
By Jeremy Gove, Periklis Fokaidis
On January 20, 2026, New York Governor Kathy Hochul released her FY 2027 Executive Budget proposal. Unlike prior years’ proposals seeking sweeping tax reforms, the FY 2027 proposal contains more…
Center for Agricultural Law and Taxation Blog
Bonus Depreciation Updates for the 2026 Filing Season
The Tax Cuts and Jobs Act (TCJA) allowed 100 percent bonus depreciation under I.R.C. § 168(k) through 2022 for qualifying property acquired and placed in service after September 27, 2017.…
Agricultural Law and Taxation Blog
Depreciation of On-Farm Processing Facilities; Ag Liens; Gifting Farm Equipment; and Portability
Overview The One Big Beautiful Bill Act made 100 percent bonus depreciation permanent for assets placed in service after January 19, 2025. So, this year, you will be able to…
Larry's Tax Law
One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part X – One Hundred Percent Expensing Lives On
By Larry J. Brant, George E. Bonini
In this last installment of our multi-part series on the One Big Beautiful Bill Act (the “OBBBA”), my colleague, George Bonini, and I discuss three provisions of the OBBBA that…
Beyond Telecom Law Blog
Bonus Depreciation and Fiber Optic Networks
By Casey Lide
The following post discusses legal and financial matters and is provided for general informational purposes only. It is not intended to serve as legal or financial advice, particularly with respect…
21st Century Taxation
H.R. 1 OBBB Depreciation Query
H.R. 1, One Big Beautiful Bill (OBBB) Act, was passed by the House on May 22 and the Senate is still working on their version although the Senate Finance Committee…
Agricultural Law and Taxation Blog
Recurring Tax and Legal Issues for Farmers and Ranchers
OverviewI receive many questions from farmers, ranchers and others. Some issues are recurring, and others are cyclical. Of course, lease and fences come up over and over, as do tax…