Amends the Internal Revenue Code concerning the applicable convention utilized in the accelerated cost recovery system to repeal the special rule where substantial property is placed in service during the last three months of a taxable year and the mid-quarter convention rule.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.