In addition, the taxpayer must capitalize
all of the indirect costs of producing the repair allowance property in the MACRS class, in accordance with the taxpayer's accounting method under the uniform capitalization rules of section 263A.
Like the revenue-based methods, the investment method capitalizes
the cost of the policy and the premiums needed to keep it in force, but no income is recognized until the insured dies.
In its August 16 issue, reporter Tony Long, writes under the head, "It's Just the 'internet' Now," "Effective with this sentence, Wired News will no longer capitalize
the 'I' in internet.
We also seek to capitalize
on positive numbers in the "tackle box" (Diag.
The election to capitalize
is made by filing a statement, on a plain piece of paper, with the original tax return for the year in which the election is to be effective.
Even if a lender has the right to deduct various loan expenses for tax purposes, it may still elect to capitalize
Therefore the company had to capitalize
the payment, not deduct it.
The regulations require taxpayers to capitalize
costs incurred to create or enhance a "future benefit identified in published guidance in the Federal Register or the Internal Revenue Bulletin .
Under Webb an acquirer generally must capitalize
the payment of a prior owner's liabilities.
No country is better positioned to capitalize
on these knowledge-based resources than the US.
The Tax Court said ITW should capitalize
Yes," I admitted, "I'm probably the only person in America who doesn't capitalize
Otherwise, they would strain to capitalize
all sorts of expenses that historically have been currently deducted.
The proposed rules, if finalized in current form, could require developers to capitalize
the interest expense of property to be developed even before they begin construction of residential units.
If you were doing due diligence on a new client, in terms of judging their best course of action and any the best way to help capitalize
on interests in nanotechnological intellectual property, what would you look at with respect to their company, competitors, industry or anything else?