amortizable basis
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 169 — for purposes of this section
For purposes of this section, the term “amortizable basis” means that portion of the adjusted basis (for determining gain) of a certified pollution control facility which may be amortized under this section.
26 U.S.C. § 194 — for purposes of this section (2 versions over time)
The term “amortizable basis” means that portion of the basis of the qualified timber property attributable to reforestation expenditures which have not been taken into account under subsection (b).