U.S. Treasury and IRS Issue Guidance on Special Depreciation Allowance for Qualified Production Property

The U.S. IRS has announced the issuance of guidance on special depreciation allowance for qualified production property and upcoming proposed regulations under the One, Big, Beautiful Bill.
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Treasury, IRS issue guidance on special depreciation allowance for qualified production property, announce upcoming proposed regulations under the One, Big, Beautiful Bill
WASHINGTON — The Departmen…