# 26 U.S.C. § 263: Capital expenditures

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t26_s263

## Section

- **Citation:** 26 U.S.C. § 263
- **Heading:** Capital expenditures
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 16, 2026
- **Source:** Publisher's official text
- **Location:** Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter B—Computation of Taxable Income > PART IX—ITEMS NOT DEDUCTIBLE

## Text

expenditures for the development of mines or deposits deductible under section 616,

( Aug. 16, 1954, ch. 736 , 68A Stat. 77 ; Pub. L. 86–779, § 6(c) , Sept. 14, 1960 , 74 Stat. 1001 ; Pub. L. 87–834, § 21(b) , Oct. 16, 1962 , 76 Stat. 1064 ; Pub. L. 88–563, § 4 , Sept. 2, 1964 , 78 Stat. 845 ; Pub. L. 89–243, § 4(p)(1) , (2), Oct. 9, 1965 , 79 Stat. 964 ; Pub. L. 91–172, title VII, § 706(a) , Dec. 30, 1969 , 83 Stat. 674 ; Pub. L. 92–178, title I, § 109(b) , (c), Dec. 10, 1971 , 85 Stat. 509 ; Pub. L. 94–455, title XVII, § 1701(a) , title XIX, §§ 1904(b)(10)(A)(i), 1906(b)(13)(A), title XXI, § 2122(b)(2), Oct. 4, 1976 , 90 Stat. 1759 , 1817, 1834, 1915; Pub. L. 95–618, title IV, § 402(a) , Nov. 9, 1978 , 92 Stat. 3201 ; Pub. L. 96–223, title II, § 251(a)(2)(B) , Apr. 2, 1980 , 94 Stat. 287 ; Pub. L. 97–34, title II , §§ 201(c), 202(d)(1), title V, § 502, Aug. 13, 1981 , 95 Stat. 219 , 221, 327; Pub. L. 97–248, title II, § 204(c)(1) , Sept. 3, 1982 , 96 Stat. 426 ; Pub. L. 97–448, title I, § 105(b)(1) , title III, § 306(a)(9)(A), Jan. 12, 1983 , 96 Stat. 2385 , 2403; Pub. L. 98–369, div. A, title I , §§ 56(a), 102(e)(7), (8), July 18, 1984 , 98 Stat. 573 , 624, 625; Pub. L. 99–514, title IV , §§ 402(b)(1), 411(b)(1), title VII, § 701(e)(4)(D), title XVIII, § 1808(b), Oct. 22, 1986 , 100 Stat. 2221 , 2225, 2343, 2817; Pub. L. 100–647, title I, § 1007(g)(5) , Nov. 10, 1988 , 102 Stat. 3435 ; Pub. L. 101–508, title XI , §§ 11801(a)(16), 11815(b)(3), Nov. 5, 1990 , 104 Stat. 1388–520 , 1388–558; Pub. L. 105–34, title XVI, § 1604(a)(1) , Aug. 5, 1997 , 111 Stat. 1097 ; Pub. L. 108–311, title IV, § 408(a)(10) , Oct. 4, 2004 , 118 Stat. 1191 ; Pub. L. 108–357, title III, § 338(b)(1) , Oct. 22, 2004 , 118 Stat. 1481 ; Pub. L. 109–58, title XIII , §§ 1323(b)(2), 1331(b)(4), Aug. 8, 2005 , 119 Stat. 1015 , 1024; Pub. L. 109–432, div. A, title IV, § 404(b)(1) , Dec. 20, 2006 , 120 Stat. 2956 ; Pub. L. 113–295, div. A, title II, § 221(a)(34)(D) , (41)(G), Dec. 19, 2014 , 128 Stat. 4042 , 4044; Pub. L. 115–141, div. U, title IV, § 401(a)(60) , (61), Mar. 23, 2018 , 132 Stat. 1187 ; Pub. L. 119–21, title VII, § 70302(b)(7)(A) , July 4, 2025 , 139 Stat. 192 .)

## Nearby sections

- [26 U.S.C. § 61 Gross income defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s61.md)
- [26 U.S.C. § 62 Adjusted gross income defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s62.md)
- [26 U.S.C. § 63 Taxable income defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s63.md)
- [26 U.S.C. § 64 Ordinary income defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s64.md)
- [26 U.S.C. § 65 Ordinary loss defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s65.md)
- [26 U.S.C. § 66 Treatment of community income](https://www.frixlaw.com/law-library/statutes/usc_t26_s66.md)
- [26 U.S.C. § 67 2-percent floor on miscellaneous itemized deductions](https://www.frixlaw.com/law-library/statutes/usc_t26_s67.md)
- [26 U.S.C. § 68 Overall limitation on itemized deductions](https://www.frixlaw.com/law-library/statutes/usc_t26_s68.md)
- [26 U.S.C. § 71 Repealed. Pub. L. 115–97, title I, § 11051(b)(1)(B) , Dec. 22, 2017 , 131 Stat. 2089 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s71.md)
- [26 U.S.C. § 72 Annuities; certain proceeds of endowment and life insurance contracts](https://www.frixlaw.com/law-library/statutes/usc_t26_s72.md)
- [26 U.S.C. § 73 Services of child](https://www.frixlaw.com/law-library/statutes/usc_t26_s73.md)
- [26 U.S.C. § 74 Prizes and awards](https://www.frixlaw.com/law-library/statutes/usc_t26_s74.md)
- [26 U.S.C. § 75 Dealers in tax-exempt securities](https://www.frixlaw.com/law-library/statutes/usc_t26_s75.md)
- [26 U.S.C. § 76 Repealed. Pub. L. 94–455, title XIX, § 1901(a)(14) , Oct. 4, 1976 , 90 Stat. 1765 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s76.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t26_s263. Check the current official text before relying on it. Not legal advice.