26 C.F.R. § 1.43-7

Current through September 30, 2024
Section 1.43-7 - Effective date of regulations

The provisions of §§ 1.43-1 , 1.43-2 and 1.43-4 through 1.43-7 are effective with respect to costs paid or incurred after December 31, 1991, in connection with a qualified enhanced oil recovery project. The provisions of § 1.43-3 are effective for taxable years beginning after December 31, 1990. For costs paid or incurred after December 31, 1990, and before January 1, 1992, in connection with a qualified enhanced oil recovery project, taxpayers must take reasonable return positions taking into consideration the statute and its legislative history.

26 C.F.R. §1.43-7

T.D. 8448, 57 FR 54931, Nov. 23, 1992