TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Thursday, December 27, 2012

Tax Policy, Environmental Policy, and § 198

Brent Kirwan (J.D. 2013, Temple), Comment, A Clash of Titans: Tax Policy v .Environmental Policy, How to Harmonize Section 198 with Traditional Tax Analysis while Promoting Environmental Policy, 31 Temp. J. Sci. Tech. & Envtl. L. 119 (2012):

This comment will begin by exploring the current IRC provisions affecting environmental remediation, specifically those relating to capital expenditures and deductible trade or business costs. It will then explore the development of the capitalization requirement through relevant case law. Part III will offer an exploration of the policy goals that shaped the creation and enactment of § 198. Finally, Part IV will analyze the application of § 198, in conjunction with the above mentioned tax and environmental concerns, and identify a remedy to the clash between the environmental and tax policies at play in § 198.

http://taxprof.typepad.com/taxprof_blog/2012/12/tax-policy-.html

Scholarship, Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef017ee60de269970d

Listed below are links to weblogs that reference Tax Policy, Environmental Policy, and § 198:

Comments