Sec. 13205. Use of alternative depreciation system for electing farming businesses
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/bill/115/hr/1/unknown/section-13205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 168(g)(1), as amended by section 13204, is amended by striking and at the end of subparagraph (E), by inserting and at the end of subparagraph (F), and by inserting after subparagraph
(F)the following new subparagraph: any property with a recovery period of 10 years or more which is held by an electing farming business (as defined in section 163(j)(7)(C)), . The amendments made by this section shall apply to taxable years beginning after December 31, 2017.