Not Ranked
Hidden away in the 450-page financial-services bailout bill is a tax break for speedways and other motorsports facilities. It extends for two years a policy that treats motorsports facilities as amusement parks or other entertainment complexes. That allows them to write off their capital investments over seven years instead of 15 years. The longer period would make capital improvements, such as repaving and new structures, more expensive in the short term.
AutoWeek | Updated: 10/06/08, 1:27 pm et
Article URL: http://autoweek.com/apps/pbcs.dll/ar...FREE/810069975
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
|