26 U.S.C. § 280B
Demolition of structures
In the case of the demolition of any structure—
no deduction otherwise allowable under this chapter shall be allowed to the owner or lessee of such structure for— (A) any amount expended for such demolition, or (B) any loss sustained on account of such demolition; and
amounts described in paragraph (1) shall be treated as properly chargeable to capital account with respect to the land on which the demolished structure was located.
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Cited by 8
- 26 CFR § 1.1502-13 — Intercompany transactions.
- 26 CFR § 1.168(i)-1 — General asset accounts.
- 26 CFR § 1.168(i)-8 — Dispositions of MACRS property.
- 26 CFR § 1.280B-1 — Demolition of structures.
- 26 CFR § 1.468A-1 — Nuclear decommissioning costs; general rules.
- 26 CFR § 1.468A-2 — Treatment of electing taxpayer.
- 26 U.S.C. § 179B — Deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations
- 26 U.S.C. § 198 — Expensing of environmental remediation costs
Nearby sections (25 sections)
- 270 · Repealed. Pub. L. 91–172, title II, § 213(b), Dec. 30, 1969, 83…
- 271 · Debts owed by political parties, etc.
- 272 · Disposal of coal or domestic iron ore
- 273 · Holders of life or terminable interest
- 274 · Disallowance of certain entertainment, etc., expenses
- 275 · Certain taxes
- 276 · Certain indirect contributions to political parties
- 277 · Deductions incurred by certain membership organizations in…
- 278 · Repealed. Pub. L. 99–514, title VIII, § 803(b)(6), Oct. 22, 1986,…
- 279 · Interest on indebtedness incurred by corporation to acquire stock…
- 280 · Repealed. Pub. L. 99–514, title VIII, § 803(b)(2)(A), Oct. 22,…
- 280A · Disallowance of certain expenses in connection with business use…
- 280B · Demolition of structures
- 280C · Certain expenses for which credits are allowable
- 280D · Repealed. Pub. L. 100–418, title I, § 1941(b)(4)(A), Aug. 23,…
- 280E · Expenditures in connection with the illegal sale of drugs
- 280F · Limitation on depreciation for luxury automobiles; limitation…
- 280G · Golden parachute payments
- 280H · Limitation on certain amounts paid to employee-owners by…
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- 291 · Special rules relating to corporate preference items
- 301 · Distributions of property
- 302 · Distributions in redemption of stock
- 303 · Distributions in redemption of stock to pay death taxes
- 304 · Redemption through use of related corporations