They’re literally aren’t any. Treating payroll expenses as depreciating assets is insane, and that’s why it isn’t done in any other context— not in the US or anywhere else in the world.
That sounds like a biased explanation, but it’s genuinely the truth: it was stuck in the Trump’s tax bill to help it evade budget balancing rules, but was designed to be so stupid that a future Congress would “surely” repeal it, after the TCJA had passed successfully. This sort of horse-trading happens all the time with budgets, but for whatever reason, this provision was never undone.
They’re literally aren’t any. Treating payroll expenses as depreciating assets is insane, and that’s why it isn’t done in any other context— not in the US or anywhere else in the world.
That sounds like a biased explanation, but it’s genuinely the truth: it was stuck in the Trump’s tax bill to help it evade budget balancing rules, but was designed to be so stupid that a future Congress would “surely” repeal it, after the TCJA had passed successfully. This sort of horse-trading happens all the time with budgets, but for whatever reason, this provision was never undone.