Capitalization vs Expense


Sue

Joined
Mar 3, 2011
Messages
2
Reaction score
0
My corporation has a piece of real property and intends to build a hotel on it. The County requires an amount of money as fair-share contribution to mitigate traffic impact before the contruction project can go forward. Is the payment required by the County considered part of the cost of the construction of the hotel or an operating expense?
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top