AB2377 — Personal Income Tax Law and Corporation Tax Law: deductions: accelerated depreciation for new manufacturing operations.

AB2377 — Personal Income Tax Law and Corporation Tax Law: deductions: accelerated depreciation for new manufacturing operations. · Informed CitizenryAB 2377 proposes to create an accelerated depreciation deduction for qualified taxpayers who place qualified property into service in California. For taxable years between January 1, 2027, and Janu…Open in Informed Citizenry