Cost Segregation Tax Case Study www.cbiz.com/costseg Issue A pharmaceutical company planned construction of a new lab and office space in one of its properties. It leased the space where the remodeling was taking place, and the project was projected to incur $55 million in leasehold improvements. Solution To create the lab required the installation of specialized electrical and ventilation work as well as specially fixtures and finishes. The amount of materials involved and the size of the project made the manufacturer a good fit for a cost segregation study. Our team examined the building plans, tax filings and depreciation schedules to classify qualifying assets into shorter 5, 7 and 15-year depreciation lives. The pharmaceutical-specific electrical and ventilation components ha

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