Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 442
Change of annual accounting period
Official textgovinfo.govlast amended
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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Nearby sections (25 sections)
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- 422A · [§422A. Renumbered §422]
- 423 · Employee stock purchase plans
- 424 · Definitions and special rules
- 425 · [§425. Renumbered §424]
- 430 · Minimum funding standards for single-employer defined benefit…
- 431 · Minimum funding standards for multiemployer plans
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- 441 · Period for computation of taxable income
- 442 · Change of annual accounting period
- 443 · Returns for a period of less than 12 months
- 444 · Election of taxable year other than required taxable year
- 446 · General rule for methods of accounting
- 447 · Method of accounting for corporations engaged in farming
- 448 · Limitation on use of cash method of accounting
- 451 · General rule for taxable year of inclusion
- 452 · [§452. Repealed. June 15, 1955, ch. 143, §1(a), 69 Stat. 134]
- 453 · Installment method
- 453A · Special rules for nondealers
- 453B · Gain or loss on disposition of installment obligations
- 453C · [§453C. Repealed. Pub. L. 100–203, title X, §10202(a)(1), Dec.…
- 454 · Obligations issued at discount