article_snippet.sent: One method used by these companies is called accelerated depreciation, which means the tax value of an asset may be claimed in the first years of the purchase rather than over time.
article_snippet.sent: Jetblue, PG&E, PEPCO Holdings and Ryder used accelerated depreciation, a tax break that allows companies to write off the cost of companies capital investments much faster than these investments wear out, to dramatically reduce these investments tax rates .
article_snippet.sent: Priceline relied heavily on a single tax break — writing off the value of executive stock options for tax purposes
article_snippet.sent: — to zero out Priceline tax liability not just in 2014 but in 2013, 2012 and 2011 as well.
article_snippet.sent: In addition, Priceline admits that this tax break could offset all taxes on up to $1.2 billion in profits going forward.