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Get PriceAug 06, 2021The global heavy equipment market is expected to hit $231 billion by 2021 driven by rising demand for machinery from construction, mining, and oil and gas industries. The market declined 5.5% to $191.5 billion last year, from a record-high of $202.7 billion in 2021, according to the 2021 Yellow Table – an annual ranking of construction
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Get PriceEquipment used to build capital improvements. You must add otherwise allowable depreciation on the equipment during the period of construction to the basis of your improvements. See Uniform Capitalization Rules in Pub. 551. Section 197 intangibles. You must amortize these costs. Section 197 intangibles are discussed in detail in chapter 8 of
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