N.Y. Comp. Codes R. & Regs. tit. 10 § 441.44
Current through Register Vol. 46, No. 53, December 31, 2024
An expenditure having the effect of extending the useful life of an existing fixed asset, increasing its normal rate of output, lowering its operating cost, increasing rather than merely maintaining efficiency or otherwise adding to the worth of benefits it can yield.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.44