in-house expenditures
Defined in 1 place of the United States Code.
For purposes of clause (i), the term “in-house expenditures” means expenditures described in paragraphs (1)(A) and (D) other than—
(I) payments by the taxpayer to a person engaged in the trade or business of conducting activities described in paragraph (1) for the conduct of such activities on behalf of the taxpayer, or
(II) dues or other similar amounts paid or incurred by the taxpayer which are allocable to activities described in paragraph (1).
Source
- 1994–present26 U.S.C. § 162Internal Revenue Code · Trade or business expenses · under this subtitle