Subsection (e) Asset

Subsection (e) Asset is used.

with regard to a collapsible corporation, any of the following held by a corporation:

• property not used in the trade or business.

• property used in the trade or business with net unrealized appreciation or depreciation.

• copyrights and similar property.

To avoid collapsible corporation status, a corporation's Subsection (e) assets should not exceed 15% of its net worth. Former IRC (check if this IRC provision is current here) §341(e)(5).

See Depreciation in the United States Encyclopedia of Law and Depreciation in the World Encyclopedia of Law.