Subject: Resource Expenses/Depreciable Property
Your memorandum dated February 28, 1991 requests our recommendations upon completion of our review of whether the cost of depreciable properties may be included in CEE and CDE.
Our review has been completed and we confirm the Department's longstanding position that the cost of depreciable property does not qualify for treatment as CEE.
We are sending a draft copy of a briefing memorandum pertaining to the above subject which was recently prepared by the Resource Industries Section.
Please contact the writer if you have any questions or comments.
DirectorBilingual Services and Resource Industries DivisionRulings Directorate