FEDERAL · 26 U.S.C. · Chapter 1

Improvements by lessee on lessor's property

Current through Pub. L. 119-102
Title 26Internal Revenue Code·Ch. 1 — NORMAL TAXES AND SURTAXES·Subch. B·Pt. III
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.

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26 U.S.C. § 109 (Improvements by lessee on lessor's property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Source Credit

History

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