New tax rules introduced by the US government would allow companies to immediately deduct all of the costs of investing in robotics and automation equipment, according to a report on Wall Street Journal.
In fact, the tax break could extend to other types of equipment as well.
Previously, companies were only allowed to write down investments and not have to pay tax on them slowly over the course of a year. [Read more…] about New tax rules allow total and immediate deduction of costs of robotics and automation equipment
