The Car and Truck Fleet and Leasing Management Magazine

NAFA Supports Increase in Depreciation Deduction

February 19, 2002

The National Association of Fleet Administrators (NAFA) has written to Paul O’Neill, secretary of the Treasury, supporting an increase in the depreciation deduction allowed on fleet vehicles. NAFA’s Executive Director David Lefever requested that O’Neill use the authority under current tax law to exempt trucks and vans from the depreciation limits in the tax code. Since the secretary’s authority does not include charges for passenger cars, NAFA also asked him to support legislation sponsored by Sen. Kit Bond (R-MO), which would increase the depreciation limits on passenger cars.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

The anticipated length of time between an order’s placement and delivery.

Read more

Up Next

More From The World's Largest Fleet Publisher