FEDERAL · 26 U.S.C. · Chapter Subchapter E—Accounting Periods and Methods of Accounting

Change of annual accounting period

26 U.S.C. § 442
Title26Internal Revenue Code
ChapterSubchapter E—Accounting Periods and Methods of Accounting
PartI

This text of 26 U.S.C. § 442 (Change of annual accounting period) 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 U.S.C. § 442.

Text

If a taxpayer changes his annual accounting period, the new accounting period shall become the taxpayer's taxable year only if the change is approved by the Secretary. For purposes of this subtitle, if a taxpayer to whom section 441(g) applies adopts an annual accounting period (as defined in section 441(c)) other than a calendar year, the taxpayer shall be treated as having changed his annual accounting period.

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Source Credit

History

(Aug. 16, 1954, ch. 736, 68A Stat. 149; Pub. L. 94–455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

Editorial Notes

Editorial Notes

Amendments
1976—Pub. L. 94–455 struck out "or his delegate" after "Secretary".

Cite This Page — Counsel Stack

Bluebook (online)
26 U.S.C. § 442, Counsel Stack Legal Research, https://law.counselstack.com/usc/26/442.