Many financial executives say their companies are using or are planning to take advantage of economic stimulus tax provisions, according to a Grant Thornton survey of U.S. CFOs and senior comptrollers.
Here are the provisions they’re planning to use:
- Bonus depreciation (50%)
- Increased section 179 expensing (46%)
- Net operating loss carryforwards (43%)
- Acceleration of R&D or AMT credits (25%)
- Cancellation of debt income (9%)
Source: Grant Thornton survey of senior financial executives, grantthornton.com.
