26 C.F.R. § 1.211-1. - § 1.211-1 Allowance of Deductions.

Current as of January 1, 1970

Section 1.211-1 - § 1.211-1 Allowance of Deductions.Section 1.211-1 - § 1.211-1 Allowance of Deductions.

Section 1.199A-12 - § 1.199a-12 Expanded Affiliated Groups.Section 1.212-1 - § 1.212-1 Nontrade or Nonbusiness Expenses.

§ 1.211-1 Allowance of deductions.

In computing taxable income under section 63(a), the deductions provided by sections 212, 213, 214, 215, 216, and 217 shall be allowed subject to the exceptions provided in Part IX, Subchapter B, Chapter 1 of the Code (section 261 and following, relating to items not deductible).

[T.D. 6796, 30 FR 1037, Feb. 2, 1965]

Disclaimer. This may not be the most current version of this information. Users should consult official sources to verify information on this site is recent and current. Marble does not warrant or represent the accuracy, completeness or reliability of the information contained on this site.