26 CFR 1.147(b)-1: (b)-1 Bond maturity limitation-treatment of working capital.
Where this section sits in the code
- Title 26—Internal Revenue
- CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—INCOME TAX
- PART 1—INCOME TAXES
Section 147(b) does not apply to proceeds of a private activity bond issue used to finance working capital expenditures.
Collected 2026-08-27T02:25:11Z. Source file · JSON