> You can't even pull forward the depreciation if you abandon the research!
Why would that not be a write-down as a result of impairment of a capitalized asset?
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)