Source: https://law.justia.com/codes/us/2018/title-26/subtitle-a/chapter-1/subchapter-b/part-vi/sec-185/
Timestamp: 2020-08-05 23:03:26
Document Index: 694929346

Matched Legal Cases: ['§ 185', '§242', '§242', '§242', '§ 185', '§185', '§242', '§705', '§1702', '§1906', '§2', '§242']

26 U.S.C. § 185 (2018) - Repealed. Pub. L. 99-514, title II, §242(a), Oct. 22, 1986, 100 Stat. 2181 :: 2018 US Code :: US Codes and Statutes :: US Law :: Justia
Justia › US Law › US Codes and Statutes › US Code › 2018 US Code › Title 26 - Internal Revenue Code › Subtitle A - Income Taxes › Chapter 1 - Normal Taxes and Surtaxes › Subchapter B - Computation of Taxable Income › Part VI - Itemized Deductions for Individuals and Corporations › Sec. 185 - Repealed. Pub. L. 99-514, title II, §242(a), Oct. 22, 1986, 100 Stat. 2181
Sec. 185 - Repealed. Pub. L. 99-514, title II, §242(a), Oct. 22, 1986, 100 Stat. 2181
Citation 26 U.S.C. § 185 (2018)
Section Name [§185. Repealed. Pub. L. 99–514, title II, §242(a), Oct. 22, 1986, 100 Stat. 2181]
Section, added Pub. L. 91–172, title VII, §705(a), Dec. 30, 1969, 83 Stat. 672; amended Pub. L. 94–455, title XVII, §1702, title XIX, §1906(b) (13)(A), Oct. 4, 1976, 90 Stat. 1760, 1834; Pub. L. 95–473, §2(a)(2)(B), Oct. 17, 1978, 92 Stat. 1464, related to amortization of railroad grading and tunnel bores.
Pub. L. 99–514, title II, §242(c), Oct. 22, 1986, 100 Stat. 2181, provided that:
"(1) In general.—Except as provided in paragraph (2), the amendments made by this section [amending sections 1082 and 1250 of this title and repealing this section] shall apply to that portion of the basis of any property which is attributable to expenditures paid or incurred after December 31, 1986.
"(B) with respect to any improvement commenced before March 2, 1986, but only if not less than the lesser of $1,000,000 or 5 percent of the aggregate cost of such improvement has been incurred or committed before such date.
The preceding sentence shall not apply to any expenditure with respect to an improvement placed in service after December 31, 1987."
Statutes at Large References 83 Stat. 672
90 Stat. 1760
Public Law References Public Law 91-172, Public Law 94-455, Public Law 95-473, Public Law 99-514