Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill

تمرين 21

Correctly cite the italicized sentence indicated by the dart ( ) in the following passage from the Code:
SECTION 263A. CAPITALIZATION AND INCLUSION IN INVENTORY COSTS OF CERTAIN EXPENSES
a. Nondeductibility of certain direct and indirect costs
1. In general-In the case of any property to which this section applies, any costs described in paragraph (2)-
A. in the case of property which is inventory in the hands of the taxpayer, shall be included in inventory costs, and
B. in the case of any other property, shall be capitalized.
2. Allocable costs