2017 US Code
Title 26 - Internal Revenue Code
Subtitle A - Income Taxes
Chapter 1 - Normal Taxes and Surtaxes
Subchapter B - Computation of Taxable Income
Part III - Items Specifically Excluded From Gross Income
Sec. 109 - Improvements by lessee on lessor's property

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Citation 26 U.S.C. § 109 (2017)
Section Name ยง109. Improvements by lessee on lessor's property
Section Text

Gross income does not include income (other than rent) derived by a lessor of real property on the termination of a lease, representing the value of such property attributable to buildings erected or other improvements made by the lessee.

Source Credit

(Aug. 16, 1954, ch. 736, 68A Stat. 33.)

Publication Title United States Code, 2012 Edition, Supplement 5, Title 26 - INTERNAL REVENUE CODE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter B - Computation of Taxable Income
PART III - ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME
Sec. 109 - Improvements by lessee on lessor's property
Contains section 109
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
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