qualified mineral interest
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “qualified mineral interest” means—
(A) subsurface oil, gas, or other minerals, and
(B) the right to access to such minerals.
Source
- 2013–present26 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this chapter
For purposes of this subsection, the term “qualified mineral interest” means—
(A) subsurface oil, gas, or other minerals, and
(B) the right to access to such minerals.
For purposes of computing the deduction under this section for use of a passenger automobile the standard mileage rate shall be 12 cents per mile.
No deduction shall be allowed under this section for traveling expenses (including amounts expended for meals and lodging) while away from home, whether paid directly or by reimbursement, unless there is no significant element of personal pleasure, recreation, or vacation in such travel.
For disallowance of deductions for contributions to or for the use of communist controlled organizations, see section 11(a) 1 of the Internal Security Act of 1950 (50 U.S.C. 790).
Source
- 1994–199726 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this chapter
For purposes of this subsection, the term "qualified mineral interest" means—
(A) subsurface oil, gas, or other minerals, and
(B) the right to access to such minerals.
For purposes of computing the deduction under this section for use of a passenger automobile, the standard mileage rate shall be 14 cents per mile.
No deduction shall be allowed under this section for traveling expenses (including amounts expended for meals and lodging) while away from home, whether paid directly or by reimbursement, unless there is no significant element of personal pleasure, recreation, or vacation in such travel.
Source
- 2014–202226 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this chapter
For purposes of this subsection, the term “qualified mineral interest” means—
(A) subsurface oil, gas, or other minerals, and
(B) the right to access to such minerals.
For purposes of computing the deduction under this section for use of a passenger automobile, the standard mileage rate shall be 14 cents per mile.
No deduction shall be allowed under this section for traveling expenses (including amounts expended for meals and lodging) while away from home, whether paid directly or by reimbursement, unless there is no significant element of personal pleasure, recreation, or vacation in such travel.
For disallowance of deductions for contributions to or for the use of communist controlled organizations, see section 11(a) 1 of the Internal Security Act of 1950 (50 U.S.C. 790).
Source
- 1997–200326 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this chapter
For purposes of this subsection, the term "qualified mineral interest" means—
(A) subsurface oil, gas, or other minerals, and
(B) the right to access to such minerals.
For purposes of computing the deduction under this section for use of a passenger automobile, the standard mileage rate shall be 14 cents per mile.
No deduction shall be allowed under this section for traveling expenses (including amounts expended for meals and lodging) while away from home, whether paid directly or by reimbursement, unless there is no significant element of personal pleasure, recreation, or vacation in such travel.
For disallowance of deductions for contributions to or for the use of communist controlled organizations, see section 11(a) 2 of the Internal Security Act of 1950 (50 U.S.C. 790).
Source
- 2000–201426 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this chapter