SMALL BUSINESS TAX INCENTIVE

Tax Deductions for Small Businesses

As the year-end approaches, its good to know that a vehicle used within your small business will be eligible for a
depreciation deduction and could be eligible for $25,000 to $125,000 in expense deductions. Be sure to consult
your tax professional, they will know the details regarding this tax law.

There are some limitations to the tax deduction, and one is vehicle eligibility.§


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* The Manufacturer's Suggested Retail Price excludes destination freight charge, tax, title, license, dealer fees and optional equipment. Click here to see all GMC vehicles' destination freight charges.
To comply with Treasury Department Redulations, we inform you that any tax guidance contained in this communication is not intended to be relied upon, or written to be used, and cannot be used, for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing or recommending to another party, any transaction, arrangement, or other matter. Professionals and small business owners should consult their tax advisor to confirm their deduction and depreciation benefits. For more information: http://irs.gov/publications/p946/ch02.html#d0e1986
§Qualified vans include vehicles with a seating capacity of more than nine (9) persons behind the driver, or an open area not readily accessible by the driver; or does not have seating rearward of the driverĀ“s seat and no body section protruding more than 30 inches ahead of the leading edge of the windshield.