COST Supports Proposed Pennsylvania Legislation on Property Depreciation Deductions

COST Supports Proposed Pennsylvania Legislation on Property Depreciation Deductions

Council On State Taxation

The Council On State Taxation wrote a letter to the Pennsylvania House of Representatives Finance Committee expressing support for proposed legislation that would reverse the Department of Revenue's decision to disallow depreciation deductions for taxpayers expensing purchases of business property, saying that the department's stance is anti-competitive and would create uncertainty.

The Council On State Taxation wrote a letter to the Pennsylvania House of Representatives Finance Committee expressing support for proposed legislation that would reverse the Department of Revenue's decision to disallow depreciation deductions for taxpayers expensing purchases of business property, saying that the department's stance is anti-competitive and would create uncertainty.

The Council On State Taxation wrote a letter to the Pennsylvania House of Representatives Finance Committee expressing support for <a href="//s3.amazonaws.com/pdfs.taxnotes.com/2018/2018-6407_STTDocs_PAhb2017_IntroducedSUPPORTDOC.pdf" target="_blank" title="Source document">proposed legislation</a> that would reverse the <a href="/lr/resolve/source-document/26rxs" target="_blank" title="Source document">Department of Revenue's decision</a> to disallow depreciation deductions for taxpayers expensing purchases of business property, saying that the department's stance is anti-competitive and would create uncertainty.

The Council On State Taxation wrote a letter to the Pennsylvania House of Representatives Finance Committee expressing support for proposed legislation that would reverse the Department of Revenue's decision to disallow depreciation deductions for taxpayers expensing purchases of business property, saying that the department's stance is anti-competitive and would create uncertainty.