# Qualified Lessee Construction Allowances for Short-Term Leases
> **IRS** · Final regulations. · Published 2000-09-05 · Effective 2000-10-05 · 65 FR 53584
## Document
- **Document number:** 00-22669
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 65 FR 53584
- **CFR reference:** 26 CFR 1
- **Publication date:** 2000-09-05
- **Effective date:** 2000-10-05
- **Treasury docket:** TD 8901
## Abstract

This document contains final regulations concerning an exclusion from gross income for qualified lessee construction allowances provided by a lessor to a lessee for the purpose of constructing long-lived property to be used by the lessee pursuant to a short-term lease. The final regulations affect a lessor and a lessee paying and receiving, respectively, qualified lessee construction allowances that are depreciated by a lessor as nonresidential real property and excluded from the lessee's gross income. The final regulations provide guidance on the exclusion, the information required to be furnished by the lessor and the lessee, and the time and manner for providing that information to the IRS.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2000/09/05/00-22669/qualified-lessee-construction-allowances-for-short-term-leases)
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