Improvements v. Repairs or Running Expense

renovation of restaurant interior found to be largely capital expenditures after an extended review of jurisprudence

expenditure on anti-theft marking of car likely would be on current account

building repair work that matched the cost of the whole building was currently deductible

compensating a tenant for temporary displacement from a rental property being improved and repaired by the landlord may be a current deduction

expenditure to restore a building to its original condition may be a current expense

Belgega -finding that inducement paid to prospective emphyteuta (tenant) was capital expenditure - noted

periodic (every 3 years) required actuarial valuations were currently deductible

costs of disinfecting, de-odourizing and repairing a rental home were currently deductible

“rent prepayments” made by new franchisees to reduce percentage rent payments on leases were capital expenditures

reconditioning of rental unit allowed as deductible expense