Sec. 6. Clarification of treatment of business expenses
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Subsection
(i)of section 1106 of the CARES Act ( Public Law 116–136 ) is amended— by striking 1986, any amount and inserting 1986— any amount ; by striking the period at the end and inserting , and ; and by adding at the end the following new paragraph: no deduction shall be denied or reduced, no tax attribute shall be reduced, and no basis increase shall be denied, by reason of the exclusion from gross income provided by paragraph (1). . The amendments made by this section shall apply as if included in the enactment of section 1106 of the CARES Act ( Public Law 116–136 ).
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Sec. 6
Clarification of treatment of business expenses
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