### Question
What does qualified environmental remediation expenditure mean?


### Answer
**Qualified environmental remediation expenditure** has the following meaning in *26 U.S.C. § 198*:

> any expenditure—


(A) which is otherwise chargeable to capital account, and


(B) which is paid or incurred in connection with the abatement or control of hazardous substances at a qualified contaminated site

#### Citation:
  - *26 U.S.C. § 198*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

