Origin: In general, taxpayers may recover the cost of durable business assets only by capitalizing the cost and claiming depreciation deductions over a period of years. This expenditure reflects Massachusetts' conformity with federal rules allowing for accelerated depreciation of new and used buildings placed in service as rental property.

Origin: IRC § 168(b)

Item Number
FY2021
FY2022
FY2023
FY2024
FY2025
1.301
26.4
29.3
29.2
27.2
25.1
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