FEDERAL · 26 U.S.C. · Chapter 1

Change of annual accounting period

Current through Pub. L. 119-102
Title 26Internal Revenue Code·Ch. 1 — NORMAL TAXES AND SURTAXES·Subch. E·Pt. I
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.

Free access — add to your briefcase to read the full text and ask questions with AI

26 U.S.C. § 442 (Change of annual accounting period) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Fresno Grape Products Corp. v. United States
11 F. Supp. 55 (Court of Claims, 1935)
7 case citations
New York Shipbuilding Corp. v. United States
237 F. Supp. 995 (D. New Jersey, 1965)
3 case citations
New York Shipbuilding Corporation v. United States
362 F.2d 550 (Third Circuit, 1966)
3 case citations
Glenwood Cooperative, Inc. v. United States
73 F.3d 344 (Federal Circuit, 1996)
1 case citations

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".