The package also included separate bonus depreciation rules that will benefit larger businesses, he said.

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For example, MMA Renewable Ventures and its investors enjoy a 30% tax credit, have the benefit of accelerated capital depreciation schedules, and sell solar energy credits generated by the project to NV Energy, which must obtain 20% of its power from renewable sources by 2015.

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Schedule management, claims processing, medical insurance for staff, depreciation, collections and many other areas could benefit dramatically.

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Both landlords and REIT shareholders benefit from tax laws that permit a depreciation writeoff for investment real estate, which shelters some of the income.

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The exception is the U.K., which has somehow escaped international censure despite the biggest depreciation of any major currency perhaps because it has apparently derived so little benefit from it.

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Koester adds though that regional banks, a category in which he includes Wells Fargo, will benefit more because they aren't as exposed to the euro's depreciation and general strengthening of the U.S. dollar as Bank of America or JPMorgan.

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