CFR 26-1.162-2014
Internal revenue. Part1:Income taxes. Section1.162:1-32.

Standard No.
CFR 26-1.162-2014
Release Date
2014
Published By
US-CFR-file
Status
 2015-01
Replace By
CFR 26-1.162-2015
Latest
CFR 26-1.162-2015
Scope
(a) In general—(1) Non-incidental materials and supplies. Except as provided in paragraphs (d), (e), and (f) of this section, amounts paid to acquire or produce materials and supplies (as defined in paragraph (c) of this section) are deductible in the taxable year in which the materials and supplies are first used in the taxpayer's operations or are consumed in the taxpayer's operations.

CFR 26-1.162-2014 history




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