Implements § 241Open in workspace
Reg. § 1.241-1 Allowance of special deductions.
26 CFR § 1.241-1eCFR, current through 2026-07-14
A corporation, in computing its taxable income, is allowed as deductions the items specified in Part VIII (section and following), Subchapter B, Chapter 1 of the Code, in addition to the deductions provided in part VI (section and following) Subchapter B, Chapter 1 of the Code.