c# winforms pdf viewer control : Acrobat extract pages from pdf application Library tool html .net asp.net online Final-Tangible-Property-Regs-11-14-131-part1149

BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 11 
De Minimis Expensing Rule  
Safe Harbor Considerations 
Election requires the inclusion of materials and supplies except for: 
Rotable, temporary and standby emergency spare parts that a taxpayer elects to 
capitalize and depreciate 
Rotable and temporary spare parts for which the optional method has been elected 
Transaction and additional costs (e.g., delivery fees, installation costs) are included if 
identified on the same invoice as the property 
Does not apply to inventory or land 
263A applies to amounts expensed under the de minimis rule 
Requires an annual
, irrevocable tax return election 
May be applied at the “group” level 
May amend for 2012 and 2013 if written policy was in place 
Not intended to prevent a taxpayer from reaching an agreement with the IRS if clear reflection 
of income 
Acrobat extract pages from pdf - copy, paste, cut PDF pages in C#.net, ASP.NET, MVC, Ajax, WinForms, WPF
Easy to Use C# Code to Extract PDF Pages, Copy Pages from One PDF File and Paste into Others
add and delete pages from pdf; cut paste pdf pages
Acrobat extract pages from pdf - VB.NET PDF Page Extract Library: copy, paste, cut PDF pages in vb.net, ASP.NET, MVC, Ajax, WinForms, WPF
Detailed VB.NET Guide for Extracting Pages from Microsoft PDF Doc
deleting pages from pdf online; extract one page from pdf acrobat
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 12 
De Minimis Expensing Rule  
Safe Harbor Election 
• Statement must be attached annually to a timely filed (including extensions)           
income tax return 
• Statement must be titled “Section 1.263(a)-1(f) de minimis safe harbor election” and 
contain the following information: 
Taxpayer’s name 
Address  
Taxpayer identification number 
Statement that the taxpayer is making the de minimis safe harbor election under 
Section 1.263(a)-1(f) 
• Parent must list the names and tax identification numbers of each group member making 
the election 
New! 
.NET PDF Document Viewing, Annotation, Conversion & Processing
Extract hyperlink inside PDF. PDF Write. Redact text content, images, whole pages from PDF file. Annotate & Comment. Support for all the print modes in Acrobat PDF
cut pages from pdf reader; delete pages from pdf document
C# PDF Converter Library SDK to convert PDF to other file formats
manipulate & convert standard PDF documents in .NET class applications independently, without using other external third-party dependencies like Adobe Acrobat.
cut pages from pdf online; crop all pages of pdf
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 13 
De Minimis Expensing Rule  
Industry Concerns 
• Expensing costs as de minimis that should be capitalized and depreciated 
• De minimis policy not in writing 
• De minimis policy not followed for AFS purposes 
• De minimis policy set in excess of $500 or $5,000 maximum  
• Deduct bulk purchases according to item amount, not invoice amount 
• Sec. 263A must still be applied 
C# powerpoint - PowerPoint Conversion & Rendering in C#.NET
documents in .NET class applications independently, without using other external third-party dependencies like Adobe Acrobat. PowerPoint to PDF Conversion.
extract pages from pdf acrobat; deleting pages from pdf in preview
C# Word - Word Conversion in C#.NET
Word documents in .NET class applications independently, without using other external third-party dependencies like Adobe Acrobat. Word to PDF Conversion.
extract page from pdf document; convert selected pages of pdf to word
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 14 
Materials and Supplies: 
§1.162-3 
C# Windows Viewer - Image and Document Conversion & Rendering in
standard image and document in .NET class applications independently, without using other external third-party dependencies like Adobe Acrobat. Convert to PDF.
delete pages of pdf; delete pages of pdf reader
VB.NET PDF: How to Create Watermark on PDF Document within
Watermark Creator, users need no external application plugin, like Adobe Acrobat. VB example code to create graphics watermark on multiple PDF pages within the
extract one page from pdf file; cut pages out of pdf
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 15 
Materials and Supplies 
Definition 
Tangible property that is used or consumed in the taxpayer’s operations that is not 
inventory and: 
• Is a component acquired to maintain, repair, or improve a unit of property owned, 
leased or serviced by the taxpayer and that is not acquired as part of any single unit 
of tangible property 
• Consists of fuel, lubricants, water and similar items that are reasonably expected to 
be consumed in 12 months or less 
• Is a unit of property that has an economic useful life of 12 months or less, beginning 
when the property is used or consumed 
• Is a unit of property that has an acquisition or production cost of $200 or less 
• Is identified in published guidance as a material and supply 
New! 
C# Excel - Excel Conversion & Rendering in C#.NET
Excel documents in .NET class applications independently, without using other external third-party dependencies like Adobe Acrobat. Excel to PDF Conversion.
delete page from pdf; copy web page to pdf
VB.NET PowerPoint: VB Code to Draw and Create Annotation on PPT
as a kind of compensation for limitations (other documents are compatible, including PDF, TIFF, MS on slide with no more plug-ins needed like Acrobat or Adobe
extract one page from pdf preview; extract pages from pdf
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 16 
Materials and Supplies 
Treatment 
• General rule remains the same: 
Incidental materials and supplies are deductible in the year purchased 
Non-incidental materials and supplies are deductible when used or consumed 
• New provisions:   
New definition for “standby emergency spare parts” 
Election to capitalize and depreciate materials and supplies is permitted only for 
rotable, temporary, or standby emergency spare parts 
Optional Method election permitted for rotable and temporary spare parts 
Deduct any material and supply in the year purchased if de minimis safe harbor 
election is made (excluding amounts under the above two elections) 
New! 
DICOM to PDF Converter | Convert DICOM to PDF, Convert PDF to
users do not need to load Adobe Acrobat or any Convert all pages or certain pages chosen by users; download & perpetual update. Start Image DICOM PDF Converting.
add and remove pages from pdf file online; extract pages from pdf online tool
BMP to PDF Converter | Convert Bitmap to PDF, Convert PDF to BMP
for Adobe Acrobat Reader & print driver during conversion; Support conversion of Bitmap - PDF files in both single & batch mode; Convert all pages or certain
delete pages from pdf in reader; cutting pdf pages
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 17 
Materials and Supplies 
Industry Concerns 
• If de minimis election is made, treat all M&S as de minimis expenses 
• Appropriate treatment where M&S are not deducted where the de minimis safe harbor is 
elected 
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 18 
Acquisition or Production of Property:  
§1.263(a)-2 
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 19 
Acquisition or Production of Property 
§1.263(a)-2 
A taxpayer must capitalize costs incurred to acquire or produce a unit of real or personal 
property. 
When subject to the uniform 
capitalization  rules  under 
Code Sec. 263A, a taxpayer is 
required  to  capitalize  direct 
and indirect costs to produce 
property 
and 
property 
acquired for resale. 
Were costs of employee 
compensation or overhead 
incurred to acquire property 
Were inherently facilitative 
amounts incurred to determine 
whether to acquire real property 
Were costs incurred 
prior to the property 
being placed  
in service, such as 
repair or installation 
costs? 
Was this an 
acquisition cost 
of property? 
Capitalize 
Were amounts  
paid to defend or 
protect title to  
real or personal 
property? 
Were transaction  
costs incurred to  
facilitate acquisition or 
production of property? 
Do not  
capitalize 
NO 
NO 
NO 
NO 
NO 
NO 
Optional capitalization 
permitted by election, 
not required 
YES 
YES 
YES 
YES 
YES 
YES 
BDO KNOWLEDGE Tax Webinar Series 
Final IRC §263(a) Tangible Property Regulations: Technical Update 
Page 20 
Acquisition or Production of Property 
Inherently Facilitative Amounts 
Examples of inherently facilitative amounts include: 
• Transporting the property 
• Securing an appraisal 
• Negotiating the terms or structure of acquisition and tax advice 
• Application fees, bidding costs 
• Preparing and reviewing documents that effectuate the acquisition 
• Examining and evaluating the title 
• Obtaining regulatory approval and permits 
• Conveying property between parties 
• Finders’ fees or brokers’ commissions 
• Architectural, geological, survey, engineering, environmental, or inspection services 
• Services of a qualified intermediary or other facilitator of a Sec. 1031 exchange 
Documents you may be interested
Documents you may be interested