Assertion: itemized deduction | /r/HasProperty | allowed under new proposed rules
Facets:
value: the additional first year
type: TEMPORAL
Source sentences:
text: Under the new proposed rules, if a taxpayer itself manufactures, constructs, or produces property for use in its trade or business or for its production of income, the additional first year depreciation deduction is allowed if the taxpayer begins manufacturing, constructing or producing the property after September 27, 2017, assuming all the other requirements in Q&A1 above are satisfied.