Hotel deduction eligibility broadened to include hotels in specified World Heritage districts meeting construction and commencement conditions. Amendment adds hotels located in a 'specified district having a World Heritage Site' to the scope of section 80-ID, subject to the hotel being constructed and starting to function within the specified construction and commencement period. It further defines 'specified district having a World Heritage Site' by reference to a Table enumerating the named districts and corresponding States to determine geographical eligibility for the deduction.
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Provisions expressly mentioned in the judgment/order text.
Hotel deduction eligibility broadened to include hotels in specified World Heritage districts meeting construction and commencement conditions.
Amendment adds hotels located in a "specified district having a World Heritage Site" to the scope of section 80-ID, subject to the hotel being constructed and starting to function within the specified construction and commencement period. It further defines "specified district having a World Heritage Site" by reference to a Table enumerating the named districts and corresponding States to determine geographical eligibility for the deduction.
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