E1: 12: 200% Double Declining Balance 50% Bonus Sample (P12851/P12853) Based Upon Standard Depreciation Method 05
(Doc ID 867957.1)
Last updated on JUNE 07, 2022
Applies to:
JD Edwards EnterpriseOne Fixed Assets - Version XE and later Information in this document applies to any platform.
Purpose
The Job Creation and Worker Assistance Act of 2002 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 allow business taxpayers a bonus depreciation deduction for qualified property. For additional or specific information regarding the implications of these tax rules on your business, please consult your tax adviser.
Scope
Applicable to Fixed Asset Users
Details
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