26 USC 261: General rule for disallowance of deductions
Text contains those laws in effect on January 31, 2025
From Title 26-INTERNAL REVENUE CODESubtitle A-Income TaxesCHAPTER 1-NORMAL TAXES AND SURTAXESSubchapter B-Computation of Taxable IncomePART IX-ITEMS NOT DEDUCTIBLE
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§261. General rule for disallowance of deductions
In computing taxable income no deduction shall in any case be allowed in respect of the items specified in this part.