Making the Most of the New Tax Rules

Of particular interest will be the extent to which manufacturers use the tax incentives for capital investment in order to automate operations and, actually, undercut hiring on the factory floor But as manufacturers have had some time to analyze the complexities of the new tax rules, some of the ben...

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Bibliographic Details
Published in:Industry Week 2018-05
Main Author: Fitzgerald, Mike
Format: Article
Language:English
Subjects:
Automation
Capital assets
Capital expenditures
Cost control
Debt
Earnings
Income taxes
Investments
Manufacturers
Manufacturing
Net operating losses
Operating leases
Pass through entities
Provisions
R&D
Research & development
Tax rates
Tax reform
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Summary:Of particular interest will be the extent to which manufacturers use the tax incentives for capital investment in order to automate operations and, actually, undercut hiring on the factory floor But as manufacturers have had some time to analyze the complexities of the new tax rules, some of the benefits—and a couple of drawbacks—have become apparent. [...]a recent report suggests that companies may use tax breaks to invest in R&D, funded in part by equity. [...]companies with gross receipts below that threshold that had previously been subject to Section 263A can now remove those capitalized costs from their tax balance sheets and deduct them for a current tax savings.
ISSN:0039-0895
1930-8957