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Code · BILL · 113th Congress · H.R. 1 (Introduced in House) — To amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. · Sec. 3127

Sec. 3127. Repeal of limitation on corporate acquisition indebtedness

53 words·~1 min read·/bill/113/hr/1/ih/section-3127

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Part IX of subchapter B of chapter 1 is amended by striking section 279 (and by striking the item relating to such section in the table of sections for such part). The amendments made by this section shall apply to interest paid or incurred with respect to indebtedness incurred after December 31, 2014.
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