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1 2012 Instructions for Form 4562 - IRS
https://www.irs.gov/pub/irs-prior/i4562--2012.pdf
2012 is $3,360, if the special depreciation allowance does not apply. See Maximum ... The maximum section 179 expense deduction that can be.
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2 2012 Luxury Auto Depreciation Limits, Tables and Explanations
https://bradfordtaxinstitute.com/Free_Resources/2012%20Luxury%20Auto%20Depreciation%20Limits.aspx
2012 Luxury Auto Depreciation Limits, Tables and Explanations ; Tax Year. Amount ; 1st Tax Year. $11,360 ; 2nd Tax Year. $5,300 ; 3rd Tax Year. $3,150 ; Each ...
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3 IRS Issues 2012 Vehicle Depreciation Dollar Limits - CJBS, LLC
https://cjbs.com/irs-issues-2012-vehicle-depreciation-dollar-limits/
$11,160 for the first tax year ($3,160 if bonus depreciation is not taken);; $5,100 for the second tax year;; $3,050 for the third tax year; and ...
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4 Use Expensing or Bonus Depreciation to Write Off Assets in ...
https://www.wolterskluwer.com/en/expert-insights/use-expensing-or-bonus-depreciation-to-write-off-assets-in-first-year
Reduced dollar limitation. As noted above, for 2012 and 2013, the maximum expensing amount is $500,000 of the costs of business property purchased and first ...
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5 Bonus depreciation overview - CS Professional Suite
https://cs.thomsonreuters.com/ua/fixa/cs_us_en/calc_depr/bonus_depr/bonus_depr.htm
The Tax Relief Act of 2012 allows 50% bonus depreciation for qualified property placed in service between 1/1/13 and 12/31/13. The Tax Relief Act of 2014 ...
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6 Bonus Depreciation or First-Year Additional Depreciation ...
https://answerconnect.cch.com/topic/4aeb16f87c6b1000a0e390b11c18c90202/bonus-depreciation-or-first-year-additional-depreciation-allowance
A 100 percent bonus depreciation rate applies to qualified property acquired after September 27, 2017 and placed in service before 2023. New or used property ...
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7 Bonus Depreciation For Assets Placed in Service During 2011 ...
https://www.newburg.com/bonus-depreciation-for-assets-placed-in-service-during-2011-and-2012-2/
The 2010 Tax Relief Act provides that the bonus depreciation percentage is 50% for “qualified property” that is placed in service during ...
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8 IRS Issues Guidance on Bonus Depreciation | Pisenti & Brinker
https://pbllp.com/irs-issues-guidance-on-bonus-depreciation/
As the law currently stands, 50% bonus depreciation can be claimed for qualified property placed in service during 2012. The “Tax Relief Act of 2010” did ...
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9 Section 179 & Accelerated Depreciation Limits for 2012 and ...
https://u.osu.edu/ohioagmanager/2012/03/07/section-179-accelerated-depreciation-limits-for-2012-and-beyond/
Under current law, the dollar limit is $139,000 in 2012 and will be $25,000 each year thereafter. The maximum threshold for total of equipment & ...
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10 Bonus Depreciation - Section 179 - Linkenheimer LLP
https://www.linkcpa.com/bonus-depreciation-section-179-depreciation-deduction-rules-for-2012/
1. Bonus Depreciation: For most qualified property placed into service in between January 1, 2012 and December 1, 2012, the maximum bonus ...
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11 The Section 179 and Section 168(k) Expensing Allowances
https://www.everycrsreport.com/reports/RL31852.html
In the case of the bonus depreciation allowance, P.L. 115-97 increased it to 100% for qualified property acquired and placed in service between ...
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12 Business Use of Section 179 Expensing and Bonus ...
https://home.treasury.gov/system/files/131/wp-110.pdf
additional first-year depreciation deduction; and 2) increases in Section 179 expensing limits, the maximum deduction allowed for full expensing of ...
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13 11957: Bonus Depreciation - Current and Prior
https://kb.drakesoftware.com/Site/Browse/11957/Bonus-Depreciation-Current-and-Prior
Generally, bonus depreciation is calculated at 50% for eligible assets, however, assets placed in service after 09/27/2017 can now take up to 100% bonus ...
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14 Depreciation Deductions: What Are the Rules for 2012?
https://wiss.com/article/depreciation-deductions-what-are-the-rules-for-2012/
For eligible assets placed into service in 2012, bonus depreciation is still available at 50% of the cost. The remaining 50% would be ...
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15 Bonus depreciation rules, recovery periods for real property ...
https://www.bakertilly.com/insights/bonus-depreciation
The Act increased the maximum amount a taxpayer may expense under section 179 to $1 million with annual increases indexed for inflation.
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16 Depreciation - Accountency
https://www.accountency.com/depreciation.html
First-year maximum depreciation on a NEW car with GVW <6000 lbs. ... 2012: $25,000 plus 50% bonus depreciation plus depreciation on remaining purchase price
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17 Section 179 and Bonus Depreciation Expensing Allowances
https://www.akingump.com/a/web/24046/CRS-179-and-168-Report-7-15-13.pdf
American Taxpayer Relief Act of 2012, P.L. 112-240, increased the maximum Section 179 expensing allowance to $500,000 and the phaseout ...
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18 Bonus Depreciation - Small Business Taxes & Management
https://www.smbiz.com/sbrl012.html
Finally, the maximum deduction for heavy sport utility vehicles and certain other vehicles is restricted to $25,000. The Sec. 179 expense option also applies to ...
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19 State Treatment of Federal Bonus Depreciation and Increased ...
https://keitercpa.com/wp-content/uploads/2012/09/State-Treatment-of-Federal-Bonus-Depreciation3.pdf
qualifying assets acquired during 2012 and increased the maximum 179 ... bonus depreciation and regular depreciation on the remaining cost.
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20 Instructions for Form 4562 | Georgia Department of Revenue
https://dor.georgia.gov/document/form/2013-4562-depreciation-amortization-including-information-listed-property/download
50% bonus depreciation for “qualified reuse and recycling property”, ... 10 Carryover of disallowed deduction from line 13 of your 2012 Form 4562 .
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21 2018 Instructions for Form FTB 3885 - Franchise Tax Board
https://www.ftb.ca.gov/forms/2018/18-3885-instructions.html
The maximum additional first-year depreciation deduction is $2,000. Corporations must reduce the basis used for regular depreciation by the amount of additional ...
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22 Section 179 in Previous Years | Section179.Org
https://www.section179.org/previous_years_section_179_expense_deduction/
Previous years Section 179 Information for small business owners. ... Click the link above for more information and a 2012 Section 179 Calculator.
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23 The Effect of Tax Incentives on U.S. Manufacturing ... - Eric Ohrn
https://ericohrn.sites.grinnell.edu/files/State_Bonus/Ohrn_JPubE_Manuscript.pdf
State adoption of 100% bonus depreciation increases investment by 18%. ... “Section 179 allowance,” the maximum Section 179 deduction that a taxpayer may ...
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24 IRC Sec. 280F Limitation on depreciation for luxury automobiles
https://www.taxnotes.com/research/federal/usc26/280F
The IRS has provided a safe harbor accounting method for determining depreciation deductions for passenger automobiles that qualify for the 100 percent ...
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25 APPENDIX 1A - Thomson Reuters
https://thomsonreuterstaxsupport.secure.force.com/pkb/servlet/fileField?id=0BE0c000000TuHB
the luxury auto depreciation limitations, the bonus depreciation increases the maximum first-year deprecia- tion deduction by $8,000 for vehicles placed in ...
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26 F-1120 - Florida Department of Revenue
https://floridarevenue.com/Forms_library/2012/f1120n.pdf
Bonus Depreciation for property placed in ... cannot use 2011 software to produce 2012 tax forms. ... 50 cents to 99 cents to the next highest dollar.
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27 Your Success is our Business. - ZinnerCo
https://www.zinnerco.com/hs-fs/hub/141641/file-17871430-pdf/docs/first_year_depreciation_incentives_expiring_11-21-11.pdf/documents/first_year_depreciation_incentives_expiring_11-21-11.pdf
Beginning in 2012, the deduction rate will decrease to 50%. Currently, there is no tax provision that extends bonus depreciation deductions to 2013. The maximum ...
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28 How to Calculate MACRS Depreciation on a Luxury Auto
https://smallbusiness.chron.com/calculate-macrs-depreciation-luxury-auto-73681.html
Under Procedure 2013-21, the maximum bonus depreciation deduction you can take for the first year is $11,160. For example, you purchase a $50,000 luxury ...
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29 Accelerated ("Bonus") Depreciation to Continue for 2012
https://aaronhall.com/accelerated-bonus-depreciation-to-continue-for-2012/
[Note: These three types of real property are defined in Section 168(e), subparts 6-8, respectively]. The maximum Section 179 deduction that may be expensed for ...
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30 Tax Depreciation Section 179 Deduction and MACRS
https://www.hrblock.com/tax-center/filing/adjustments-and-deductions/tax-depreciation/
Your maximum Section 179 deduction can't be more than the taxable income you get ... 1, 2012; Renewal communities; New York Liberty Zone placed in service ...
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31 Why is auto depreciation only $1500? - TurboTax Support - Intuit
https://ttlc.intuit.com/community/taxes/discussion/why-is-auto-depreciation-only-1-500/00/150397
Congress has a much less extravagant view of luxury. For 2016, the maximum first-year depreciation write-off for a new (not used) car is $3,160 ...
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32 Bonus depreciation and the section 179 deduction for business
https://www.businessbankoftexas.com/business-resource-center/bonus-depreciation-and-the-section-179-deduction-for-business.htm
For purposes of this provision, only new property with a recovery period of 20 years or less and placed in service prior to January 1, 2012 ...
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33 Tax Policy Can Alter Farm Asset Investment Decisions
https://www.ers.usda.gov/amber-waves/2017/november/tax-policy-can-alter-farm-asset-investment-decisions/
Two IRS provisions, section 179 and bonus depreciation, allow farms (and ... In 2012, survey data reveal farms had an average of $106,000 in ...
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34 ¶415 Depreciation Caps on Luxury Cars
https://www.cspcpa.com/wp-content/uploads/2018/01/Depreciation-Caps-on-Luxury-Automobiles.pdf
$10,000 ($18,000 if bonus depreciation claimed) ... September 8, 2010 and placed in service before January 1, 2012 in the Tax Relief, Unemployment.
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35 The View on Year-End Tax Planning - Lohman Company
https://www.lohmancompany.com/enewsletter/article/the-view-on-year-end-tax-planning/
Bonus depreciation: A company may benefit from a special “bonus depreciation” deduction equal to 50% of the cost of qualified assets placed in service in 2012 ...
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36 Depreciation and Amortization 2012 3885L - - TaxFormFinder
https://www.taxformfinder.org/forms/2012/2012-california-3885-l-form.pdf
IRC Section 168(k) relating to the 50% bonus depreciation deduction for assets acquired in tax years 2008 through 2012 and placed in service.
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37 Depreciation: Impacts of Tax Policy - ACEEE
https://www.aceee.org/files/pdf/white-paper/depreciation-tax-paper.pdf
Expand the Creative Use of Bonus Depreciation Provisions . ... For example, a January 2012 ACEEE study on long-term ... $139,000 maximum in 2012. $139,000.
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38 2012 Vehicle Depreciation Dollar Limits for USA
https://answers.sap.com/questions/9593912/2012-vehicle-depreciation-dollar-limits-for-usa.html
$1,875 for each tax year thereafter. The bonus depreciation will apply only in the first year and will not exceed $ 8000 and ordinary ...
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39 Basic depreciation rules for farm assets - | Ag Proud
https://www.agproud.com/articles/51304-basic-depreciation-rules-for-farm-assets
In 2012, the law allows 50 percent first-year bonus depreciation for qualifying new assets that have a tax life of 20 years or less. The “placed-in-service” ...
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40 Administrative Release 38 - Marylandtaxes.gov
https://www.marylandtaxes.gov/forms/Tax_Publications/Administrative_Releases/Income_and_Estate_Tax_Releases/ar_it38.pdf
maximum aggregate costs treated as an expense under ... Federal Bonus Depreciation Allowances ... 2010 to be deferred to tax years 2011 and 2012.
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41 Tax - MACRS Section 179 and Bonus Depreciation, 3 of 3
https://www.youtube.com/watch?v=boTQIFg8U4w
UCF College of Business
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42 The Ultimate Guide to Section 179 and Bonus Depreciation
https://gpstrackit.com/blog/the-ultimate-guide-to-section-179-and-bonus-depreciation/
When looking to expense business use assets under Bonus Depreciation, the asset must have been acquired after Sept. 27, 2012 and before Jan. 1, ...
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43 Generous small business tax deduction is shrinking
http://www.sltrib.com/sltrib/money/52754204-79/equipment-tax-deduction-depreciation.html.csp
The deduction for 2011 is $500,000. In 2012, it will drop to $125,000. And in 2013, it is expected to fall to $25,000. Bonus depreciation allows ...
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44 north carolina state and local tax update
http://crlaw.com/news/wp-content/uploads/2015/12/Presentation-5-Keith-A.-Wood.pdf
The American Taxpayer Relief Act of 2012 extended the 50%. Section 168 Bonus Depreciation for 2013. And the Federal 2014 Tax Increase Prevention Act of.
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45 The Section 179 and Bonus Depreciation Expensing ...
https://nationalaglawcenter.org/wp-content/uploads/assets/crs/RL31852.pdf
would also raise the maximum Section 179 expensing allowance to $500,000 and the ... acquired and placed in service in 2012 and 2013.
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46 Directive 15-3: Determining Basis for Purposes of Calculating ...
https://www.mass.gov/directive/directive-15-3-determining-basis-for-purposes-of-calculating-the-massachusetts-investment-tax-credit-and-certain-economic-development-incentive-credits-impact-of-depreciation-and-expensing-deductions
... or Massachusetts “regular” depreciation deductions or the bonus depreciation ... with a maximum credit for a limited category of projects of 40% of the ...
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47 2011 FTW Ch 1 - Depreciation
https://resources.taxschool.illinois.edu/taxbookarchive/2011/2011%2001%20Depreciation.pdf
For taxable years beginning in 2012, the maximum amount a taxpayer may expense under ... 2012, the limits for vehicles qualifying for bonus depreciation are ...
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48 Family and Business Tax Cut Certainty Act of 2012
https://www.finance.senate.gov/chairmans-news/summary-of-the-family-and-business-tax-cut-certainty-act-of-2012-as-approved-by-the-finance-committee
Senate Finance Committee Chairman Max Baucus (D-Mont.) ... through 2013, the placed-in-service date for the special depreciation recovery ...
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49 Bonus Depreciation and the Business Automobile Exception
https://sfmagazine.com/wp-content/uploads/sfarchive/2012/01/TAXES-Bonus-Depreciation-and-the-Business-Automobile-Exception.pdf
them subject to special depreciation limits during the recovery period ... $30,000); $4,900 in 2012, which is ... the maximum depreciation.
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50 Section 179 and Bonus Depreciation | U.S. Bank
https://www.usbank.com/financialiq/improve-your-operations/industry-insights/Maximizing-your-deductions-Section-179-and-Bonus-Depreciation.html
Before the TCJA, the government capped business taxpayers' Section 179 deduction at $500,000, with a phase-out beginning at $2 million. The new Act raised the ...
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51 Section 179 Deduction - thisMatter.com
https://thismatter.com/money/tax/section-179-deduction.htm
Without the §179 deduction, capital expenses must be depreciated over a period ranging from 3 years for tools and devices to 7 years for office ...
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52 Congress Extends 50% Bonus Depreciation through ...
https://capitalreviewgroup.com/congress-extends-50-bonus-depreciation-through-2012-american-taxpayer-relief-act/
New law. The 2012 Taxpayer Relief Act extends 50% first-year bonus depreciation so that it applies to qualified property acquired and placed in ...
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53 2022 Bonus Depreciation Limits | Section 179d | Bethesda CPA
https://www.cbmcpa.com/2022/07/22/businesses-act-now-to-make-the-most-out-of-bonus-depreciation/
The placed-in-service requirement is particularly critical for those wishing to claim 100% bonus depreciation before the maximum deduction ...
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54 State Conformity with Federal Bonus Depreciation Rules
https://pro.bloombergtax.com/state-conformity-with-federal-depreciation-rules/
› state-conformity-with-f...
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55 Motor | UIIC
https://uiic.co.in/en/product/motor/Motor-Package-and-Liability-only-Policies
Insured's Declared Value (IDV). (a) In case of vehicle not exceeding 5 years of age the IDV has to be arrived at by applying the percentage of depreciation ...
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56 The New India Assurance (India's Premier Multinational ...
https://www.newindia.co.in/

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57 The TCJA 100% bonus depreciation starts to phase out after ...
https://www.plantemoran.com/explore-our-thinking/insight/2022/08/the-tcja-100-percent-bonus-depreciation-starts-to-phase-out-after-2022
A big tax benefit from 2017's TCJA begins phasing out at the end of 2022. The 100% bonus depreciation will phase out after 2022, with qualifying ...
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58 THE COMPANIES ACT, 2013 ARRANGEMENT OF SECTIONS
https://www.mca.gov.in/Ministry/pdf/CompaniesAct2013.pdf
Right to dividend, rights shares and bonus shares to be held in abeyance pending ... Overall maximum managerial remuneration and managerial remuneration in ...
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59 TH Investor Presentation
https://s2.q4cdn.com/280189305/files/doc_presentations/2022/11/TH-Investor-Presentation-November-2022-vF_11.22.2022.pdf
Maximum initial annual contract value of ~$575 million, inclusive of variable services revenue. Expanded community utilizes Target's real ...
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60 Bike Insurance Online From ₹538: Buy Two Wheeler Policy ...
https://www.icicilombard.com/motor-insurance/two-wheeler-insurance
However, with zero depreciation cover, you can make your claim immune to ... Hence, you can get a maximum of 50% of your premium as a no claim bonus if you ...
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61 How To Protect Your Investments During A Down Market
https://7einvestments.com/how-to-protect-your-investments-during-a-down-market
The last 2007 and 2008 lasted until 2011 and 2012, which was a ... The minimum investment is $500 with bonus shares starting at $25,000.
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62 Castor Maritime Inc. Reports Record Net income of $37.1 ...
https://www.marketscreener.com/quote/stock/CASTOR-MARITIME-INC-54606367/news/Castor-Maritime-Inc-Reports-Record-Net-income-of-37-1-Million-for-the-Three-Months-Ended-September-42396022/
Magic Callisto, Panamax, 74,930, 2012, Japan, TC period ... for a period of minimum 11 months to maximum 14 months at a daily gross charter ...
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63 Castor Maritime Inc. Reports Q3 Revenue of $70.6M, Net ...
https://www.investing.com/news/castor-maritime-inc-reports-q3-revenue-of-706m-net-income-of-371m-432SI-2950880
Magic Callisto, Panamax, 74,930, 2012, Japan, TC period ... for a period of minimum 11 months to maximum 14 months at a daily gross charter ...
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64 Castor Maritime Inc. Reports Record Net income of $37.1
https://www.globenewswire.com/news-release/2022/11/23/2561664/0/en/Castor-Maritime-Inc-Reports-Record-Net-income-of-37-1-Million-for-the-Three-Months-Ended-September-30-2022-and-84-9-Million-Net-income-for-the-Nine-Months-Ended-September-30-2022.html
Magic Callisto, Panamax, 74,930, 2012, Japan, TC period ... for a period of minimum 11 months to maximum 14 months at a daily gross charter ...
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65 PDF - PSX Data Portal
https://dps.psx.com.pk/download/document/198423.pdf
B. Special Business ... 831(1)/2012 dated 5 July 2012 require that the dividend ... However, the maximum depreciation allowance on ...
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66 ITC Ltd financial results and price chart - Screener
https://www.screener.in/company/ITC/consolidated/
BEL spend ~7% of turnover on R&D, one of the highest amongst defence PSUs. 78% of turnover from indigenous products. 90% of turnover from defence. 137 ...
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67 Wiley CPA Examination Review, Outlines and Study Guides
https://books.google.com/books?id=r2OhECkkTEoC&pg=PA1280&lpg=PA1280&dq=max+bonus+depreciation+2012&source=bl&ots=DRDLlJ0q4H&sig=ACfU3U3VJFa3lpill6BLEc1M4IBMwmTVGw&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQivAhAD
(5) A taxpayer may elect not to take bonus depreciation for any class ofproperty (e.g., 5-year, 7-year) for a tax year. EXAMPLE During August 2012, ...
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68 Tax Preparation Made Simple: Based on 2010 Tax Law
https://books.google.com/books?id=FfGpAAAAQBAJ&pg=SA4-PA221&lpg=SA4-PA221&dq=max+bonus+depreciation+2012&source=bl&ots=GDi2uWN45n&sig=ACfU3U22KmNdCryFTAl7C6xp9Wso7bxgHw&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQiwAhAD
MaXImum Depreciatlon Deductlon For Trucks and Vans Date 4th & Placed 1 st 2nd ... 2 If you elected not to claim any special depreciation allowance or the ...
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69 Congress and the Nation 2009-2012, Volume XIII: Politics and ...
https://books.google.com/books?id=vdjSBQAAQBAJ&pg=PT337&lpg=PT337&dq=max+bonus+depreciation+2012&source=bl&ots=BpNKjNBsW9&sig=ACfU3U3HfxSO-W-IHbe1OvyuXKChwcRLuQ&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQiyAhAD
A one-year extension of a “bonus depreciation” provision from the economic ... The maximum deduction in 2010 and 2011 was $500,000, up from $250,000, ...
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70 A Budget for a Better America: Promises Kept. Taxpayers ...
https://books.google.com/books?id=jBsdFBwaGcsC&pg=PA956&lpg=PA956&dq=max+bonus+depreciation+2012&source=bl&ots=dW-7B_NX4Y&sig=ACfU3U3sYqWysOQm-5KALa_FlWWlQdMgiA&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQisAhAD
The American Taxpayer Relief Act of 2012 ( P.L. 112-240 ) , section 103 ( a ) ... of a portion of certain other credits in lieu of taking bonus depreciation .
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71 J.K. Lasser's Your Income Tax 2021 - Page 756 - Google Books Result
https://books.google.com/books?id=3OUSEAAAQBAJ&pg=PA756&lpg=PA756&dq=max+bonus+depreciation+2012&source=bl&ots=AXHjfROOLU&sig=ACfU3U3Sgi4jN81whfHfqtsDq4bp6J92_Q&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQirAhAD
Table 43-3 Maximum Depreciation Deduction for Trucks and Vans (The ... 5,500 3,350 1,975 2013 11,3605 5,400 3,250 1,975 2012 11,3605 5,300 3,150 1,875 1 ...
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72 Ernst & Young Tax Guide 2013 - Page 657 - Google Books Result
https://books.google.com/books?id=K7MvbUlrS1AC&pg=PA657&lpg=PA657&dq=max+bonus+depreciation+2012&source=bl&ots=xENDLFrVm2&sig=ACfU3U1K866hyKo_bjO3qH1jyDMZXnT3kw&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQi8AhAD
However, you can recover this cost through the section 179 deduction (the ... in service in 2012 is $3,160 ($11,160 for automobiles for which the special ...
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73 U.S. Master Tax Guide 2009: CCH Tax Research Consultant Edition
https://books.google.com/books?id=q8gQa1lu7dUC&pg=PA405&lpg=PA405&dq=max+bonus+depreciation+2012&source=bl&ots=koF_H9lBYA&sig=ACfU3U2ZnezuRGUpulFkyYr0GPtTkdH9SA&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQi9AhAD
280F unrecovered basis ” ) may be deducted at the maximum annual rate provided in the chart for ... A $ 15,000 bonus depreciation deduction was claimed .
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74 Federal Income Taxation: Model Problems and Outstanding Answers
https://books.google.com/books?id=c9NMAgAAQBAJ&pg=PA140&lpg=PA140&dq=max+bonus+depreciation+2012&source=bl&ots=SlUgCi2xTS&sig=ACfU3U0kA1p1gXgmOmHPXBYxjtyHhxxiww&hl=en&sa=X&ved=2ahUKEwicodakpdP7AhXq7rsIHTSRB9IQ6AF6BQitAhAD
Section 179 property is tangible personal property used in a trade or business. The maximum amount of the deduction depends upon the year in which the ...
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