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

26 CFR 1.167(l)-4

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  11. 26 CFR 1.167(l)-4
Citation26 CFR 1.167(l)-4
CorpusDaily eCFR
Displayed edition2026-04-15
Last updated2026-04-15

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

(a) Application of section 167(l) to certain property subject to asset depreciation range system. If the taxpayer elects to compute depreciation under the asset depreciation range system described in § 1.167(a)-11 with respect to certain public utility property placed in service after December 31, 1970, see § 1.167(a)-11(b) (6).

(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))

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