Scalper1 News
If Congress renews bonus-depreciation tax benefits for telecom companies and other industries, there’s upside for CenturyLink (CTL), and smaller upsides for Frontier Communications, Verizon Communications and AT&T as well, says UBS. The tax break lets companies deduct half the cost of some capital equipment purchases immediately instead of over many years. The rules expired in 2013. Congress in December 2014 retroactively extended it for one year Scalper1 News
Scalper1 News