Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 261
General rule for disallowance of deductions
Official textgovinfo.govlast amended
In computing taxable income no deduction shall in any case be allowed in respect of the items specified in this part.
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Nearby sections (25 sections)
- 241 · Allowance of special deductions
- 242 · [§242. Repealed. Pub. L. 94–455, title XIX, §1901(a)(33), Oct. 4,…
- 243 · Dividends received by corporations
- 244 · [§244. Repealed. Pub. L. 113–295, div. A, title II,…
- 245 · Dividends received from certain foreign corporations
- 245A · Deduction for foreign source-portion of dividends received by…
- 246 · Rules applying to deductions for dividends received
- 246A · Dividends received deduction reduced where portfolio stock is…
- 247 · Contributions to Alaska Native Settlement Trusts
- 248 · Organizational expenditures
- 249 · Limitation on deduction of bond premium on repurchase
- 250 · Foreign-derived intangible income and global intangible low-taxed…
- 261 · General rule for disallowance of deductions
- 262 · Personal, living, and family expenses
- 263 · Capital expenditures
- 263A · Capitalization and inclusion in inventory costs of certain…
- 264 · Certain amounts paid in connection with insurance contracts
- 265 · Expenses and interest relating to tax-exempt income
- 266 · Carrying charges
- 267 · Losses, expenses, and interest with respect to transactions…
- 267A · Certain related party amounts paid or accrued in hybrid…
- 268 · Sale of land with unharvested crop
- 269 · Acquisitions made to evade or avoid income tax
- 269A · Personal service corporations formed or availed of to avoid or…
- 269B · Stapled entities