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organization expense

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Noun1.organization expense - the cost (over a period of five years) of organizing a new corporation or partnership
business expense, trade expense - ordinary and necessary expenses incurred in a taxpayer's business or trade


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Tax-Exempt Organization Expenses, 2004-06 Expenses ($ millions) Org.
ORGANIZATION EXPENSES To qualify for amortization under IRC section 248, an organization expenditure must be directly incident to the corporation's creation, chargeable to the corporation's capital account and of a character that, if expended when creating a corporation with a limited useful life, would be amortizable over that life.
Research and development spending decreased during the nine-month period in 2008 compared with the same period in 2007, primarily due to timing and costs (including clinical production costs, contract research organization expenses, regulatory activities, and toxicology studies) associated with the Company's Phase III trial in the U.
 
 
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