Treasury Regulations · 26 CFR
§ 1.274-7. Treatment of certain expenditures with respect to entertainment-type facilities.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 274
Cite as 26 CFR § 1.274-7
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- June 25, 1963 by T.D. 6659
- Issued under
- 26 U.S.C. § 274
- Length
- 101 words · about 1 min to read
- Cross-references
- cites 0 Code sections and 1 regulation; cited by 3
If deductions are disallowed under § 1.274-2 with respect to any portion of a facility, such portion shall be treated as an asset which is used for personal, living, and family purposes (and not as an asset used in a trade or business). Thus, the basis of such a facility will be adjusted for purposes of computing depreciation deductions and determining gain or loss on the sale of such facility in the same manner as other property (for example, a residence) which is regarded as used partly for business and partly for personal purposes.
[T.D. 6659, 28 FR 6507, June 25, 1963]
Cross-references
Computed from the citations in the text of 26 CFR.
Regulations it cites
Cited by 3 other regulations
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 6659 (28 FR 6507)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Items Not Deductible
Nearby sections
- § 1.274-5 Substantiation requirements.
- § 1.274-5T Substantiation requirements (temporary).
- § 1.274-6 Expenditures deductible without regard to trade or business or other income producing activity.
- § 1.274-6T Substantiation with respect to certain types of listed property for taxable years beginning after 1985 (temporary).
- § 1.274-7 Treatment of certain expenditures with respect to entertainment-type facilities.
- § 1.274-8 Effective/applicability date.
- § 1.274-9 Entertainment provided to specified individuals.
- § 1.274-10 Special rules for aircraft used for entertainment.
- § 1.274-11 Disallowance of deductions for certain entertainment, amusement, or recreation expenditures paid or incurred after December 31, 2017.