Yep. Thats a fact. The 50% write off is for safety related equipment.
Suppose an investor puts in a million dollars. Effectively, they get 1.5 million dollars worth of value if the money goes toward mine safety equipment.
And if I'm right about something similar as regards buildings small businesses complete in 2013, then the areas where SFMI has this set of considerable advantages do not end in the Sinker Tunnel safety-related areas of the project.
They are set to complete several structures this year, aren't they?
I like what I see, especially given that the photos from the exterior of the tunnel show tire tracks inside of the security fence. Activity is present and I expect the tax provisions to leverage progress in a favorable way for SFMI in 2013.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."