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107 Wis. 2d 338, 344-45, 320 N.W.2d 219 (WI Ct. App., 1992)
Summary
It was not error for trial court to refuse to value office equipment by taking into account generation of income tax deductions for depreciation. “Depreciation is deductible partly because some assets do not last forever and must be replaced. To convert that expense to an asset would twist the justification for the tax deduction.”
[ Full Opinion ]