OBBBA bonus depreciation
United States One Big Beautiful Bill Act provision allowing up to 100 percent first-year depreciation on yachts placed in commercial service between 2025 and 2029.
The One Big Beautiful Bill Act of 2025 made 100 percent bonus depreciation permanent for qualifying business property acquired after 19 January 2025, as IRS Notice 2026-11 confirms. For a yacht the relief depends on genuine business use, usually a documented charter operation, with contemporaneous records; the treatment of yachts used mainly outside the United States is a point for US tax counsel. Identified by Stewart Campbell of BOAT International as the largest single driver of the 2025 surge that took global yacht transactions to USD 8.5 billion. Pre-transaction US yacht-tax counsel review essential.