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摘要

The most noteworthy decisions this month are the following:In Kerr-McGee Corporation v.United States,No.05-5 T(Fed.CI.June 29,2007,Judge Sweeney of the Court of Federal Claims denied a taxpayer's motion for summary judgment on efforts to deduct cleanup expenses for property it owned.The court held that such expenses had to be capitalized to the extent that the property was put to a new use or the remediation was part of aplan of site improvement,but might be deducted if they merely restored property to a preexisting condition.