capital expenditures
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 397 U.S. 572 - Woodward v. Commissioner · 1970Most cited · 868 citing opinions
legal, brokerage, accounting, and similar costs incurred in the acquisition or disposition of a capital asset are capital expenditures, for such ancillary expenses incurred in acquiring or disposing of an asset are as much part of the cost of that asset as is the price paid for it
How often courts cite the case defining “capital expenditures”
Court decisions citing the opinion that defined “capital expenditures” — 864 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.