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This webcast will provide you with an overview of the most significant aspects of the recently issued tangible property regulations that provide guidance on how to treat amounts paid to acquire, produce and improve tangible property (“repair regulations”), as well as re-proposed regulations regarding the disposition of depreciable property. The webcast will focus on important differences between the previous and new regulations, including opportunities and challenges relating to repairs, dispositions, asset groupings and the de minimis rules. In addition, we will address the transition rules to make changes in methods of accounting under the new regulations.
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