USA: Politician wants to plug tax loophole favouring SUVs - paper
A United States senator is drafting legislation to close a tax loophole that allows small business owners to write off $US25,000 or more when they purchase large SUVs, pickups and vans, the Detroit News said. According to the newspaper, Senator Barbara Boxer, a Democrat from California, is proposing a bill that would make SUVs equivalent to cars for tax purposes, meaning they would be subject to stricter limits on depreciation.
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