26 CFR · Internal Revenue
§ 1.167(a)-5T — Application of section 1060 to section 167 (temporary).
26 CFR § 1.167(a)-5T
This text of 26 C.F.R. § 1.167(a)-5T (Application of section 1060 to section 167 (temporary).) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
26 C.F.R. § 1.167(a)-5T (2026).
Text
§ 1.167(a)-5T Application of section 1060 to section 167 (temporary).
In the case of an acquisition of a combination of depreciable and nondepreciable property for a lump sum in an applicable asset acquisition to which section 1060 applies, the basis for depreciation of the depreciable property cannot exceed the amount of consideration allocated to that property under section 1060 and § 1.1060-1T.
[T.D. 8215, 53 FR 27043, July 18, 1988]
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Related
§ 1.167
26 C.F.R. § 1.167
§ 1.1060-1
26 C.F.R. § 1.1060-1
Nearby Sections
11
§ 1.167(a)-1
Depreciation in general.§ 1.167(a)-2
Tangible property.§ 1.167(a)-3
Intangibles.§ 1.167(a)-4
Leased property.§ 1.167(a)-5
Apportionment of basis.§ 1.167(a)-6
Depreciation in special cases.§ 1.167(a)-7
Accounting for depreciable property.§ 1.167(a)-8
Retirements.§ 1.167(a)-9
Obsolescence.§ 1.167(a)-10
When depreciation deduction is allowable.Cite This Page — Counsel Stack
Bluebook (online)
26 C.F.R. § 1.167(a)-5T, Counsel Stack Legal Research, https://law.counselstack.com/cfr/26/1/1.167(a)-5T.