Disappearing Cryptography, 3rd Edition

Chapter 18. Obfuscation

18.1. Regulation

From DEPARTMENT OF THE TREASURYInternal Revenue Service26 CFR Part 1[TD 9115]RIN 1545–BC27

Temporary regulations issued under 1.168(k)-1T and 1.14-00L(b)-1T (TD 9091, 68 FR 52986 (September 8, 2003)) provide that the exchanged basis (referred to as the carryover basis in such regulations) and the excess basis, if any, of the replacement MACRS property (referred to as the acquired MACRS property in such regulations) is eligible for the additional first year depreciation deduction provided under section 168(k) or 1400L(b) if the replacement MACRS property is qualified property under section 168(k)(2), 50-percent bonus depreciation property under section 168(k)(4), or qualified New York Liberty Zone property ...