Friday, September 20, 2019

Washington - Treasury, IRS release final and proposed regulations on new 100% depreciation

The Treasury Department and the Internal Revenue Service today released final regulations (PDF) and additional proposed regulations (PDF) under section 168(k) of the Internal Revenue Code on the new 100% additional first year depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service by the business.

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Thailand to extend visa waiver for Taiwan nationals additional 6 months

The Thai government announced Tuesday that it will extend its visa waiver program for Taiwanese travelers to six months, expecting the move ...