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Technical Explanation of the "Job Creation and Worker Assistance Act of 2002"

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Technical Explanation of the "Job Creation and Worker Assistance Act of 2002"

by United States Congress Joint

About this title: OCLC Number: 55755270 Excerpt: ...Third, the taxpayer must purchase the property within the applicable time period. Finally, the property must be placed in service before January 1, 2005. An extension of the place in service date of one year ( i.e., January 1, 2006 ) is provided for certain property with a recovery period of 7 ten years or longer and certain transportation property. Transportation property is defined as tangible personal property used in the trade or business of transporting persons or property. The ... read more

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