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Washington Tax Alert August 18, 2006
Treasury has just issued proposed regulations regarding the capitalization of tangible property. The regulations are 128 pages long and include several bright-line tests, such as a 12-month rule for acquisitions and a repair allowance for improvements. Contact information The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. |  |         |