specified plant
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “specified plant” means—
(i) any tree or vine which bears fruits or nuts, and
(ii) any other plant which will have more than one crop or yield of fruits or nuts and which generally has a pre-productive period of more than 2 years from the time of planting or grafting to the time at which such plant begins bearing a marketable crop or yield of fruits or nuts.
Source
- 2018–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section
For purposes of this paragraph, the term "specified plant" means—
(i) any tree or vine which bears fruits or nuts, and
(ii) any other plant which will have more than one crop or yield of fruits or nuts and which generally has a pre-productive period of more than 2 years from the time of planting or grafting to the time at which such plant begins bearing a marketable crop or yield of fruits or nuts.
Such term shall not include any property which is planted or grafted outside of the United States.
Source
- 2018–202526 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section
For purposes of this paragraph, the term “specified plant” means—
(i) any tree or vine which bears fruits or nuts, and
(ii) any other plant which will have more than one yield of fruits or nuts and which generally has a pre-productive period of more than 2 years from the time of planting or grafting to the time at which such plant begins bearing fruits or nuts.
Source
- 2015–201826 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section
For purposes of this paragraph, the term "specified plant" means—
(i) any tree or vine which bears fruits or nuts, and
(ii) any other plant which will have more than one yield of fruits or nuts and which generally has a pre-productive period of more than 2 years from the time of planting or grafting to the time at which such plant begins bearing fruits or nuts.
Such term shall not include any property which is planted or grafted outside of the United States.
Source
- 2015–201826 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section