26 CFR 1.261-1
§ 1.261-1 General rule for disallowance of deductions.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.261-1, § 1.261-1 General rule for disallowance of deductions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109451
- Permanent ID
ys:prov:109451@1- SHA-256
1b03d5f4b8a30d7687eb9449e60efcee05b127a831a669aaecf221974651a975
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Full text
In computing taxable income, no deduction shall be allowed, except as otherwise expressly provided in Chapter 1 of the Code, in respect of any of the items specified in Part IX (section 262 and following), Subchapter B, Chapter 1 of the Code, and the regulations thereunder.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.