Why would that not be a write-down as a result of impairment of a capitalized asset?
The law specifically does not permit this. You just can't deduct the expenditure except as over 60 months (and only 6 months in the first year)
This item has no comments currently.
It looks like you have JavaScript disabled. This web app requires that JavaScript is enabled.
Please enable JavaScript to use this site (or just go read Hacker News).
Why would that not be a write-down as a result of impairment of a capitalized asset?