### Question
What is the definition of organizational expenditures?


### Answer
The definition of **organizational expenditures** is as follows in *26 U.S.C. § 248*:

> any expenditure which—



(1) is incident to the creation of the corporation

#### Citation:
  - *26 U.S.C. § 248*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VIII-SPECIAL DEDUCTIONS FOR CORPORATIONS**

