CIP Assets -Tax Book
11.5.10.2
hi all
Is it possible to have depreciation calculated on cip assets in the tax book, my tax laws allow bonus depreciation on cip assets for the first year in existence. therefore i would need cip assets to depreciate for the first year in the tax book, but not in the corporate book. my current setups only allow the bonus allowance to be calculated when the asset is capitalized. is there any fix or work around to resolve this? Please advise?
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