One recurring source of that friction is the requirement that proper distinctions be drawn between capital expenditures
and deductible ordinary and necessary business expenses.
An expense incurred in a taxpayer's trade or business may qualify as ordinary and necessary if it is appropriate and helpful in carrying on that business, is commonly and frequently incurred in the type of business conducted by the taxpayer, and is not a capital expenditure
. Commissioner v.
estimates are for majority-owned nonbank foreign affiliates of nonbank U.S.
SEC regulations require companies not only to reveal their status as defendants in pending administrative or judicial proceedings but also to gauge whether a known but unrevealed-environmental condition is reasonably likely to have a material effect on future capital expenditures
On the other hand, the Tax Court found that FPL's accounting method was to treat certain repairs as capital expenditures
on its returns in accordance with its regulatory reporting method.
Indeed, in distinguishing capital expenditures
from periodic,expenses, similar criteria are employed for both tax and financial accounting - particularly the concept of matching expenses with the income to which it relates.
Villar said capital expenditures
this year was placed at P40 billion, lower than the P45 billion spent in 2018 because Vista Land expects less construction of commercial spaces which are more capital-intensive.
Based on the Revised Plan, total planned capital expenditures
for the Trust's fourth quarter of 2018 are estimated at $662,000.
Operating expenses for the first half of the year amounted to about $61 million, capital expenditures
- about $13 million.
Other capital expenditures
of Rs2.7 billion were also given go-ahead which would be funded through a mix of internal cash and debt, which includes 'new product line by adding Caustic Flaker of 20,000 MT per annum.
An important variation of cash flow from operating activities is free cash flow, which is defined as cash flow from operating activities less capital expenditures
. Creditors find this metric valuable when trying to evaluate a firm's liquidity and solvency.
are pegged at 8.3 percent for 2015, while capacity utilization currently stands at 81.6 percent, which is up from April's 79.5 percent and down from the 83.7 percent recorded in December 2014.