WASHINGTON, April 5, 2011 /PRNewswire-USNewswire/ -- In response to the IRS wireless depreciation ruling (Rev. Proc. 2011-28), CTIA-The Wireless Association® President and CEO Steve Largent released the following statement:
"The published ruling will provide a guideline to settling issues that have caused significant confusion for both the taxpayers and the IRS. It has been a pleasure to work with such remarkable professionals from the IRS, and the industry looks forward to working with them on future issues that are important to ensure clarity for all parties."
CTIA-The Wireless Association® (www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshows. CTIA was founded in 1984 and is based in Washington, DC.
SOURCE CTIA-The Wireless Association