General rule for disallowance of deductions
26 U.S.C. § 261
in effectIn computing taxable income no deduction shall in any case be allowed in respect of the items specified in this part.
Source: OLRC USLMURL: https://uscode.house.gov/download/releasepoints/us/pl/119/95/xml_usc26@119-95.zipFetched: 6/4/2026
