Individuals or investors in a trade or business may elect to amortize the cost of a certified pollution control facility over a five-year period. For a more detailed description of this tax expenditure, see corporate excise item 2.311.
Origin: IRC § 169
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2017
FY2018
FY2019
FY2020
FY2021
Personal Income Tax
Accelerated Deductions from Gross Income
1.310
Five-Year Amortization of Pollution Control Facilities
Individuals or investors in a trade or business may elect to amortize the cost of a certified pollution control facility over a five-year period. For a more detailed description of this tax expenditure, see corporate excise item <a href="/tax-expenditure-budget/corporate-excise-tax/accelerated-deductions-from-gross-income/2-311">2.311</a>.
<a href="http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000169----000-.html" target="_blank">IRC § 169</a>
N.A.
N.A.
N.A.
N.A.
N.A.
Loading...