Source: https://www.law.cornell.edu/uscode/text/26/446?quicktabs_8=0
Timestamp: 2016-02-13 03:57:49
Document Index: 412080824

Matched Legal Cases: ['§ 446', '§ 446', '§ 446', '§\u202f1906', '§\u202f161', '§\u202f161']

26 U.S. Code § 446 - General rule for methods of accounting | US Law | LII / Legal Information Institute
U.S. Code › Title 26 › Subtitle A › Chapter 1 › Subchapter E › Part II › Subpart A › § 446 26 U.S. Code § 446 - General rule for methods of accounting
General rule for methods of accounting
(c) Permissible methodsSubject to the provisions of subsections (a) and (b), a taxpayer may compute taxable income under any of the following methods of accounting—
(f) Failure to request change of method of accountingIf the taxpayer does not file with the Secretary a request to change the method of accounting, the absence of the consent of the Secretary to a change in the method of accounting shall not be taken into account—
(Aug. 16, 1954, ch. 736, 68A Stat. 151; Pub. L. 94–455, title XIX, § 1906 (b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 98–369, div. A, title I, § 161(a), July 18, 1984, 98 Stat. 696.)
Pub. L. 98–369, div. A, title I, § 161(b), July 18, 1984, 98 Stat. 697, provided that: “The amendment made by this section [amending this section] shall apply to taxable years beginning after the date of the enactment of this Act [July 18, 1984].”