GMC Tax Deduction

YOU DESERVE A BREAK THIS TAX SEASON
TAX DEDUCTIONS
YOUR TAX DOLLARS AT WORK
Immediately write off up to 100% of the purchase price of eligible GMC vehicles!1 Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying GMC vehicles purchased in 2018 for business use.
1Federal tax depreciation deductions are only available for vehicles used in a trade or business and are subject to change without notice. Each taxpayers? tax situation is unique; please consult your tax advisor to determine your business? vehicle depreciation deduction. Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with a GVWR over 6,000 lbs. and placed in service during 2018 qualify for immediate depreciation deductions of up to 100% of the purchase price. Passenger automobiles as defined in the Internal Revenue Code (including SUVs, trucks and crossovers with a GVWR up to 6,000 lbs.) and placed in service during 2018 qualify for immediate depreciation deductions of up to $18,000 per vehicle. For more information, visit irs.gov. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of availability or amount of any potential tax benefit or reduced tax liability.
LINK 2018 https://www.irs.gov/
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FIRST YEAR VEHICLE DEPRECIATION LIMITS FOR 2018 |
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UP TO $18,000 PER VEHICLE(No aggregate limitation 2) |
UP TO 100% OF PURCHASE PRICE(No per-vehicle or aggregate limitation3) |
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2018 Terrain 2018 Terrain Denali 2018 Canyon 2018 Canyon Denali
For information, please visit http://www.GMC.com/tax-deductions.html 2Passenger automobiles as defined under the Internal Revenue Code (including sport utility vehicles, trucks and crossovers with a GVWR of 6,000 lbs. or less) and placed in service during 2018 qualify for immediate depreciation deductions of up to $18,000 per vehicle. 3Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with a GVWR over 6,000 lbs. and placed in service during 2018 qualify for immediate depreciation deductions of up to 100% of the purchase price. Vehicles must be placed in service during the 2018 tax year to be eligible. *Total deduction aggregate; no per-vehicle purchase price limit. |
2018 Sierra 1500 2018 Sierra 1500 Denali 2018 Sierra 2500HD 2018 Sierra 2500 HD Denali 2018 Sierra 3500HD 2018 Sierra 3500 HD Denali 2018 Sierra Chassis Cab 2018 Acadia 2018 Acadia Denali 2018 Yukon 2018 Yukon Denali 2018 Yukon XL 2018 Yukon XL Denali 2018 Savana Cargo Van 2018 Savana Passenger Van 2018 Savana Cutaway |
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GM reserves the right to make changes at any time, without notice, to prices, colors, materials, equipment, features, specifications, models and availability. September 2018