amortizable basis
Defined in 2 places of the United States Code.
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.
Source
- 1994–present26 U.S.C. § 169Internal Revenue Code · Amortization of pollution control facilities · for purposes of this section
The term “amortizable basis” means that portion of the basis of the qualified timber property attributable to reforestation expenditures.
Source
- 1994–200526 U.S.C. § 194Internal Revenue Code · Treatment of reforestation expenditures · for purposes of this section
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).
Source
- 2005–present26 U.S.C. § 194Internal Revenue Code · Treatment of reforestation expenditures · for purposes of this section