Wednesday, February 11, 2004 9:59:51 PM
"... first-year depreciation purposes, a provision allowing qualifying property to be acquired before the end of 2005 (the old law required acquisition before September 11, 2004)."
and this
"... Under prior law, extra first-year depreciation took the form of a 30% bonus write-off for most new capital assets (other than buildings) acquired after Sept. 10, 2001, and before Sept. 11, 2004, and placed in service before 2005 (before 2006, for certain property)."
Is the first one in error or just too vague?
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