US Code · Through Public Law 119-103 (09/02/2026)

26 U.S.C. § 266: Carrying charges

Where this section sits in the code

Title 26—INTERNAL REVENUE CODE
CHAPTER 1—NORMAL TAXES AND SURTAXES

No deduction shall be allowed for amounts paid or accrued for such taxes and carrying charges as, under regulations prescribed by the Secretary, are chargeable to capital account with respect to property, if the taxpayer elects, in accordance with such regulations, to treat such taxes or charges as so chargeable.

Collected 2026-09-10T05:58:25Z. Source file · JSON

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