Code Section 168(j)
| Code Section | Effective Date | Name of Act | Name of Provision |
|---|---|---|---|
| 168(j) | 12/31/2009 | The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 | Accelerated depreciation for business property on an Indian reservation |
Accelerated depreciation for business property on an Indian reservation
Explanation of Provision
The provision extends for two years the present-law accelerated MACRS recovery periods for qualified Indian reservation property to apply to property placed in service before January 1, 2012.
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