Contact Us

Law Offices of Donald A. Barnes, PLLC
818 Connecticut Avenue, N.W., Suite 1200
Washington, DC 20006
Telephone: (202) 728-4407
Cell: (202) 360-0275
Contact Us

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.