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Printed Circuit Board Assembly & PCB Design Forum

SMT electronics assembly manufacturing forum.




Depreciation | 30 December, 2004

I believe at some point the Govt lowered the depreciation schedule for electronics assembly equipment to 3 years. I read that on this forum some time ago. Anyone have any specific info on this??

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Depreciation | 1 January, 2005

Is this what you're talking about?

We don't believe the "Technology Investment Incentive Act of 2003" [108th CONGRESS, 1st Session, H. R. 1232: To amend the Internal Revenue Code of 1986 to shorten the recovery period for the depreciation of certain property.] passed as legislation

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Depreciation | 1 January, 2005

Thanks for the info. I can not find anything to indicate that it passed legislation either. This was the bill.

The other changes you mentioned did help us out in 2003 and 2004.

Have to find some other ways to compete with China!

Have a happy new year!!!

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Depreciation | 2 January, 2005

Wishing all a prosperous New Year.

It's possible the bill is still in committee. Look here:

HR 1232 was sponsored by Congressman David Dreir of California. Maybe his office can help you. Look here:

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