The Obama administration appears to be following through on its earlier anti-business aviation rhetoric by recommending Congress lengthen the depreciation schedule for business aircraft. According to NBAA, the administration's proposed American Jobs Act contains a measure to change a 25-year-old depreciation schedule established by the IRS. That's a separate issue from the current "bonus depreciation" of 100 percent of the acquisition cost of business-related goods in the first year that was passed last year. That measure runs out at the end of this year.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/jobs-act-hits-aircraft-depreciation