Todd P. Wyman, Appellant v. Richelle Whitson, Appellee.

Summary

The court affirmed the child support order, holding that amortization of the appellant's commercial fishing permits and quota shares could not be deducted from income under Civil Rule 90.3. Because the assets were perpetual intangible assets that neither declined in value nor required replacement, the amortization did not represent an ordinary and necessary cost of producing income. The court limited its holding to perpetual intangible assets and did not decide whether amortization of an intangible asset with a finite useful life could be deductible.