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The tax depreciation comparisons are designed for business owners who purchase a new Range Rover, Range Rover Sport or LR4 before December 31, 2011, and who use their vehicles 100 percent for business. The 50 percent first year bonus depreciation for the “Heavy SUV” classification is currently extended only through 2011. Businesses planning to purchase a new Range Rover, Range Rover Sport or LR4 in the near future, may consider accelerating their buying plans if doing so makes sound business sense. Please consult your tax advisor on how this can be applied to your individual business situation.
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