WHAT IS TAX CODE 179?Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying

equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment

and invest in themselves.

WHAT QUALIFIES FOR TAX CODE 179?All businesses that purchase, finance, and/or lease new or used business equipment during tax year

2018 should qualify for the Section 179 Deduction (assuming they spend less than $3,500,000).

LEARN MORE: https://www.section179.org/section_179_deduction/

FY12 RMP Section 179: NNA Vehicle Deduction Eligibility

Industry spikes in December – biggest TIV of the year!• LCV / Truck sales spike in late Q3 with people looking to take advantage of Section 179 tax write-offs for

vehicles – up to $510,000!• Large Pickups make up the bulk of this sales spike (19.5% of the total industry in December!)• Solicit your local businesses to take full advantage of these deductions on a new Nissan

FY12 RMP Up to $510,000 in deductions for business purchases!

Section 179: NNA Vehicle Deduction Eligibility

1) Each individual’s tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit irs.gov.

2) For vehicles that qualify as passenger automobiles under the Internal Revenue Code, there is a $11,160 per-vehicle depreciation deduction cap or $11,560 for certain SUVs, trucks, and vans placed in service during 2017.

3) For vehicles that qualify as sport utility vehicles, including certain trucks and vans, under the Internal Revenue Code, the maximum amount that may be expensed is $25,000 of the total purchase price. The $25,000 expense cap contributes to the $510,000 dollar limit and $2,030,000 investment limit under Section 179. 4) The tax incentives are available for depreciable tangible property that is acquired by purchase for use in the active conduct of a trade or business. Additional limitation based on purchases. For the 2017 tax year, the aggregate deduction of $510,000 under Internal Revenue Code Section 179 is most beneficial to small businesses that place in service no more than $2,030,000 of “Section 179 property” during the year. For every dollar spent on Section 179 property in excess of the overall limit of $2,030,000, the $510,000 expense-tax deduction decreases by a dollar. Certain vehicles, models, and restrictions apply.

Consult your tax professional for more details.

NNA NEW-VEHICLE DEDUCTION ELIGIBILITY There are some limitations to the expense deduction, including vehicle eligibility.¹

Up to $11,160 total deduction per vehicle:²

Up to $11,560 total deduction per vehicle:²

Up to $25,000 total deduction per vehicle:³

Up to $510,000 total deduction (Aggregate, no per-vehicle purchase price limit):⁴

Versa Sedan JUKE TITAN TITAN XDVersa Note Rogue Armada NV Passenger

Sentra Rogue Sport NV CargoAltima Murano

Maxima PathfinderLEAF Frontier

370Z Coupe NV200 Compact Cargo370Z Roadster

GT-R

Official government site for Section 179 deductions: https://www.irs.gov/publications/p946/ch02.html