27 Mar Select § , to own laws for the allowability regarding decline into the property, financing developments, and you can equipment
§ Amusement will set you back.
Can cost you of recreation, along with activity, diversion, and you can public factors and you can one associated costs are unallowable, except where particular can cost you that may if you don't be considered recreation have good programmatic purpose and are also licensed in a choice of the new accepted budget on the Federal award or which have earlier written recognition of Federal awarding department.
§ Equipment or any other money costs.
( an effective ) Pick § 200.step 1 towards definitions off financing expenditures, gizmos, special purpose products, general-purpose gizmos, acquisition rates, and you can investment property.
( 1 ) Financial support expenditures getting general-purpose gadgets, buildings, and you may land try unallowable since the lead charge, except for the early in the day created approval of your own Government awarding agencies otherwise solution-as a result of organization.
( 2 ) Financing expenses for special-purpose products is actually deductible once the head will set you back, provided situations which have a great equipment cost of $5,000 or higher have the early in the day created approval of the Government awarding institution otherwise pass-using organization.
( step three ) Investment costs getting developments so you're able to land, houses, or devices and therefore materially increase their really worth otherwise of use lifetime was unallowable given that a direct cost except https://kissbridesdate.com/no/chatib-anmeldelse/ with the past created approval of one's Federal awarding institution, otherwise admission-using organization.