1.306 -Five-Year Amortization of Business Start-Up Costs

Item	Description	FY2009	FY2010	FY2011
1.306	Five-Year Amortization of Business Start-Up Costs Individuals or investors in a trade or business may elect to treat business start-up expenditures as deferred expenses and amortize them over five years. For a more detailed description of this tax expenditure, see corporate excise item 2.304. Origin: IRC S. 195 Estimate: $5.0	4.5	4.5	5

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
U.S.C	United States Code
M.G.L.	Massachusetts General Laws
Rev. Rul.; C.B.	Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES	All estimates are in $ millions.