About this document
Paper Machine Structure Tax Credit Analysis is a document available to read on EtoBox.
The document discusses whether a paper machine structure qualifies as "other tangible property" or a "building" for tax purposes. It provides background on typical paper machine structures and the relevant tax code and rulings. Industry argues some structures qualify as property based on a past court case, but the IRS and another court case have found them to be buildings, which do not qualify for certain tax benefits. The IRS maintains its position that a paper machine structure is a building, except for c
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