26 U.S. Code § 1400J - Increase in expensing under
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(a) In general
For purposes of section 1397A—
(b) Qualified renewal property
For purposes of this section—
(1) In general
The term “qualified renewal property” means any property to which section 168 applies (or would apply but for section 179) if—
(A) such property was acquired by the taxpayer by purchase (as defined in section 179 (d)(2)) after December 31, 2001, and before January 1, 2010, and
(2) Certain rules to apply
The rules of subsections (a)(2) and (b) ofsection 1397D shall apply for purposes of this section.
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