Common use of Special rule for corporations Clause in Contracts

Special rule for corporations. If a corporation is related to another per- son for the purposes of the applicable related party rules, the District Direc- tor upon examination may require that the corporation apply this paragraph (c)(7) and other provisions of the regu- lations by excluding deferred interest from the total interest available for capitalization.

Appears in 6 contracts

Samples: Construction Contract, Construction Contract, Production Expenditures

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