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How to Implement the 100% Bonus Depreciation US Tax Law Signed Dec 17 2010 (Doc ID 1278314.1)

Last updated on AUGUST 28, 2018

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.

Goal

How to implement the new US tax legislation signed into law 17-Dec-2010 which allows qualified property 100% bonus depreciation in year acquired, similar to the previous 30% and 50% bonus methods.

The link to the information about the law is at:

http://www.publications.pwc.com/DisplayFile.aspx?Attachmentid=4030&Mailinstanceid=19054

The Bonus Depreciation information starts on Page 4.

Solution

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