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Introduction

SECTION 2. BACKGROUND

Internal Revenue Bulletin 2008-10 · 2026-10-03 edition · updated 2026-10-04 · United States

.01 Section 1361(a) provides that the term “S corporation” means, with respect to any taxable year, a small business corporation for which an election under § 1362(a) is in effect for such year. Section 1361(b) provides that any corporation

.02 The nationwide average purchase price (for use in the housing cost/income ratio for new and existing residences) is $266,000.

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▸Contents — Internal Revenue Bulletin 2008-10
Internal Revenue Bulletin 2008-10

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