Seeking Consistency in Relating Capital to Current Expenditures

Ordower, Henry

doi:10.2139/ssrn.1270180

Abstract

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Seeking Consistency in Relating Capital to Current Expenditures

Henry Ordower

Saint Louis University - School of Law

2004

Virginia Tax Review, Vol. 24, p. 263, 2004

Abstract:
Identifies relational duration as the key factor that distinguishes capital from current expenditures for tax purposes and argues that inventory cost is fundamentally identical to capitalization. Barriers to deductibility such as illegal payment prohibitions should also be barriers to capitalization or inventory absorption.

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Date posted: September 18, 2008 ; Last revised: October 2, 2008

Suggested Citation

Ordower, Henry, Seeking Consistency in Relating Capital to Current Expenditures (2004). Virginia Tax Review, Vol. 24, p. 263, 2004. Available at SSRN: http://ssrn.com/abstract=1270180 or http://dx.doi.org/10.2139/ssrn.1270180

Contact Information

Henry Ordower (Contact Author)

Saint Louis University - School of Law ( email )

3700 Lindell Blvd
St. Louis, MO 63108
United States