CFR > Title 26 - Internal Revenue > CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY > SUBCHAPTER A—INCOME TAX (Parts 1–19) > PART 1—INCOME TAXES > 1.167(l)-4—Public utility property; election to use asset depreciation range system.

1.167(l)-4—Public utility property; election to use asset depreciation range system.

(a) Application of If the taxpayer elects to compute depreciation under the asset depreciation range system described in § 1.167(a)-1 1 with respect to certain public utility property placed in service after December 31, 1970, see § 1.167(a)-1 1(b) (6).

Code of Federal Regulations

(Sec. 167 of the Internal Revenue Code of 1954 ( 26 U.S.C. 167 ) and sec. 7805 of the Internal Revenue Code of 1954 ( 26 U.S.C. 7805 ))

Code of Federal Regulations

[T.D. 7128, 36 FR 11939, June 23, 1971. Redesignated by T.D. 7315, 39 FR 20203, June 7, 1974]