Conclusion
The equipment depreciation allocable to taxpayer’s construction of capital facilities is to be capitalized.
Read more about this topic: Commissioner V. Idaho Power Co.
Famous quotes containing the word conclusion:
“So this
Is man; so—what better conclusion is there—
The day will not follow night, and the heart
Of man has a little dignity, but less patience
Than a wolf’s,”
—Allen Tate (1899–1979)
“Human affairs are so obscure and various that nothing can be clearly known. This was the sound conclusion of the Academic sceptics, who were the least surly of philosophers.”
—Desiderius Erasmus (1469–1536)
“of making many books there is no end; and much study is a weariness
of the flesh.
Let us hear the conclusion of the whole matter: Fear God, and keep
his commandments: for this is the whole duty of man.”
—Bible: Hebrew Ecclesiastes (l. XII, 13)