Twin Vee PowerCats (VEEE) announced a significant financial opportunity now available to qualified boat buyers thanks to the federal “Big Beautiful Bill,” which delivers powerful depreciation benefits for vessels used in business. Under the legislation, any boat – new or used – which is used 50% or more for business purposes qualifies for 100% first-year depreciation. This creates a massive tax advantage for entrepreneurs, business owners, contractors, real-estate professionals, charter operators, and anyone who legitimately uses a vessel for work. The result: buyers can dramatically reduce taxable income in the same year they purchase their boat.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VEEE:
- Twin Vee PowerCats commences Bahama Boat Works production, deliveries
- Twin Vee PowerCats Co. Reports Improved Q3 2025 Results
- Twin Vee Powercats Co. Earnings Call Highlights Growth
- Twin Vee PowerCats Completes Property Sale for $4.25M
- Twin Vee PowerCats expects to enter 2026 with ‘leaner cost structure’
