12) The primary criteria for distinguishing whether a repair cost will be deductible under section 162 or capitalized
under section 263 are whether the expenditure adds value, substantially prolongs the useful life of property, or adapts the property to a new use.
33,150,000 class G seventh priority floating rate capitalized
interest term notes due 2037 'BBB';
Since there was no separate asset created under the merger, National Starch contended, the fees should not be capitalized
16,950,000 class G eighth priority floating rate capitalized
interest term notes 'BBB';
In the course of its deliberations over the enactment of two separate statutory provisions modifying the treatment of certain expenditures, Congress has seemingly rejected the notion that expenditures incurred for self-created intangible property should be capitalized
263(a) 4(e)(4)(iii) provides that costs, other than employee compensation and overhead, paid in pursuing a transaction and not exceeding $5,000, do not have to be capitalized
, on a transaction-by-transaction basis.
If other courts follow it, companies are likely to find that all expansion costs must be capitalized
unless plans to expand are abandoned.
The TAM holds that the removal costs must be capitalized
but the encapsulation costs may be deducted currently.
, the REO Fund will structure financial instruments that will be used to acquire distressed assets at a significant discount to the market price.
On its 1993 and 1994 Federal returns, B deducted some of the professional fees and expenses resulting from the bankruptcy and capitalized
the remaining $5,429,186.
53, producers capitalized
these costs, also called exploitation costs, and wrote them off over the revenue stream--a process that took more than a decade in some cases.
The intent of Congress in enacting section 263A was to ensure that the direct and indirect costs of producing, acquiring, or holding inventory-type property for sale or resale were capitalized
Our restructuring plans consist of the formation of several new business units that will be capitalized
For tax years 1994-1997, T computed capitalized
interest under the Sec.
In the ongoing dispute over the distinction between costs that are currently deductible and those that must be capitalized
, the Tax Court dealt two blows to taxpayers who seek to deduct what they consider to be their routine costs of doing business.