At PakSouth we always support a strong ROI, return on investment, with our packaging equipment & automation recommendations

Packaging equipment is considered an investment for your business that qualifies under Section 179 of the 2017 Tax Cuts and Jobs Act. This act allows businesses to be compensated for the depreciation cost of packaging equipment used for their business. Your business can save money while becoming substantially more efficient on the production line.

Machinery and equipment are two major categories of property that can be qualified for depreciation tax cuts (inventory stock is not included).

The equipment simply has to meet some basic requirements:

• Be owned by YOU (the business) where you hold the legal title
  • Have a legal obligation to pay for property
  • Are responsible for paying maintenance and operation expenses
  • Have the responsibility to pay applicable taxes
  • Are at risk of loss if the equipment is destroyed, condemned, or diminished in value through obsolescence or exhaustion
• ONLY used in your business (not personal endeavors)
• Have a determinable useful life
  • The property must have a life expectancy of more than a year

Let’s discuss how automation can have a positive impact on your business!