Congress is reportedly close to a tax deal that would encourage more investment in plant and equipment by allowing companies to depreciate 100% of most asset investments in 2011.
The current proposal would allow companies to immediately write off 100% of capital expenditures purchased and put in place after September 8, 2010 and before January 1, 2012.
According to published reports, this would likely result in the pull-forward of some equipment purchases into 2011. Passage…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
