The Tax Court Judge did not err in finding that the replacement cost method was the best way to value software that specifically had been designed to run a particular steel mill. An alternative valuation based on the present value of lease payments to be received for the rental of the software in a non-arm's length transaction was flawed as the lease payments were based on a faulty (and excessive) valuation of the software.
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Drupal 7 entity type
Node
Drupal 7 entity ID
332729
Extra import data
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"field_legacy_header": "<strong><em>CIT Financial Ltd. v. The Queen</em></strong>, 2004 DTC 6573, 2004 FCA 201",
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