Sec. 2031. INCREASE IN AMOUNT ALLOWED AS DEDUCTION FOR START-UP EXPENDITURES IN 2010
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## SEC. 2031 INCREASE IN AMOUNT ALLOWED AS DEDUCTION FOR START-UP EXPENDITURES IN 2010 ###
(a)Start-up Expenditures Subsection
(b)of section 195 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: > > #### “(3) Special rule for taxable years beginning in 2010 > > In the case of a taxable year beginning in 2010, paragraph (1)(A)(ii) shall be applied— > > > ##### “(A) > > by substituting ‘$10,000’ for ‘$5,000’, and > > > ##### “(B) > > by substituting ‘$60,000’ for ‘$50,000’.” > . ###
(b)Effective Date The amendment made by this section shall apply to amounts paid or incurred in taxable years beginning after December 31, 2009.