- 13 - will be that much less restrictive. In view of the foregoing, we hold that petitioners are not entitled to expense the cost of the computer equipment and software. Respondent’s determination capitalizing the cost of such property and allowing depreciation thereon is sustained. C. Conclusion To reflect the foregoing, Decision will be entered under Rule 155.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13
Last modified: May 25, 2011