26 C.F.R. § 1.241-1. - § 1.241-1 Allowance of Special Deductions.

Current as of January 1, 1970

Section 1.241-1 - § 1.241-1 Allowance of Special Deductions.Section 1.241-1 - § 1.241-1 Allowance of Special Deductions.

Section 1.224-1 - § 1.224-1 Xxx Section 1.242-1 - § 1.242-1 Deduction for Partially Tax-exempt Interest.

§ 1.241-1 Allowance of special deductions.

A corporation, in computing its taxable income, is allowed as deductions the items specified in Part VIII (section 242 and following), Subchapter B, Chapter 1 of the Code, in addition to the deductions provided in part VI (section 161 and following) Subchapter B, Chapter 1 of the Code.

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