National economics and statistics (NES)

Use data-driven economic analysis to anticipate and respond to challenges and opportunities that arise from legislative and regulatory changes.

Tax implications of new measures of building depreciation

Economic depreciation, or capital consumption, is the decline in value of an asset with age, whether because of obsolescence, wear and tear or some other factor. Measured rates of economic depreciation for buildings and other assets inform the estimation of the nation’s capital stock by the Commerce Department’s Bureau of Economic Analysis (BEA). Also, measured rates of economic depreciation have historically guided the development of depreciation schedules in the tax law that determine how taxpayers deduct capital costs.

Learn more from National Economics and Statistics (NES) group leader Drew Lyon and manager Will McBride as they discuss the tax implications of new measures of building depreciation.


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Andrew (Drew) Lyon
Principal – National Economics & Statistics
Tel: +1 (202) 414 3865
Email

Peter Merrill
Principal, National Economics and Statistics Practice
Tel: +1 (202) 414 1666
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