CHEERS Act of 2026 classifies qualified energy-efficient draft alcohol property as 15-year property for tax depreciation.
The CHEERS Act of 2026 amends the Internal Revenue Code to classify qualified energy-efficient draft alcohol property as 15-year property for depreciation purposes. This property includes stainless steel or aluminum containers or related commercial tap equipment used for the distribution and sale of alcohol in restaurants, bars, or entertainment venues. The changes apply to property placed in service after December 31, 2025. The Secretary of the Treasury will provide necessary regulations to implement these amendments.
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