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Title 26 - INTERNAL REVENUEChapter I - INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURYSubchapter A - INCOME TAXPart 1 - INCOME TAXESCOMPUTATION OF TAXABLE INCOME
ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS
Section 1.167(l)-4 - Public utility property; election to use asset depreciation range system

26 C.F.R. § 1.167(l)-4

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Current through November 30, 2024
Section 1.167(l)-4 - Public utility property; election to use asset depreciation range system
(a)Application of section 167(l) to certain property subject to asset depreciation range system. If the taxpayer elects to compute depreciation under the asset depreciation range system described in § 1.167(a)-11 with respect to certain public utility property placed in service after December 31, 1970, see § 1.167(a)-11(b) (6) .

26 C.F.R. §1.167(l)-4

T.D. 7128, 36 FR 11939, June 23, 1971. Redesignated by T.D. 7315, 39 FR 20203, June 7, 1974

Sec. 167 of the Internal Revenue Code of 1954 (26 U.S.C. 167 ) and sec. 7805 of the Internal Revenue Code of 1954 (26 U.S.C. 7805 )