Deduction amount for investment in special business assets

There is nothing to prevent a partnership from claiming an investment deduction in its general assets, but the investment is later carried out by an individual partner in his special business assets.

The Federal Fiscal Court has no objections if an investment deduction is claimed by a partnership as a whole, but the investment is later made by one partner alone in his special business assets. The law only requires that the partnership acquires or manufactures a depreciable movable asset within three years. At no point, however, is it required to determine at the time of application whether the investment will be financed by the partnership as a whole or by an individual partner, according to the Federal Fiscal Court.