Real Estate/Development
Jan. 28, 2003
Tax Treatment of Remediation Costs Depends on Many Factors
BY BOYD D. HUDSON AND ROBERT A. YAHIRO The Comprehensive Environmental Response, Compensation and Liability Act of 1980, along with various state and local environmental legislation, mandates that companies and industries that cause pollution or contamination take steps to clean up or remediate the property that has been polluted. For income tax reporting purposes, the proper treatment of these costs has been far from certain.
BY BOYD D. HUDSON AND ROBERT A. YAHIRO
The Comprehensive Environmental Response, Compensation and Liability Act of 1980, along with various state and local environmental legislation, mandates that companies and industries that cause pollution or contamination take steps to clean up or remediate the property that has been pollu...
The Comprehensive Environmental Response, Compensation and Liability Act of 1980, along with various state and local environmental legislation, mandates that companies and industries that cause pollution or contamination take steps to clean up or remediate the property that has been pollu...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In