§451. General rule for taxable year of inclusion — Inbound Citations
26 U.S.C. § 451
Cited by 7 provisions in release 119-102.
Citations to 26 U.S.C. § 451 as a whole
-
(3) Prepaid subscription income shall be treated as received during the taxable year for which it is includible in gross income under section 451 (without regard to this section).
-
(4) Prepaid dues income shall be treated as received during the taxable year for which it is includible in gross income under section 451 (without regard to this section).
-
(1) In the case of a long-term contract, all costs (including research and experimental costs) which directly benefit, or are incurred by reason of, the long-term contract activities of the taxpayer shall be allocated to such contract in the same manner as costs are allocated to extended period long-term contracts under section 451 and the regulations thereunder.
Citations to §451(b)(3)
-
(b) For purposes of this section, the term “applicable financial statement” means, with respect to any taxable year, an applicable financial statement (as defined in section 451(b)(3) or as specified by the Secretary in regulations or other guidance) which covers such taxable year.
-
(2) For purposes of this subsection, the term “applicable financial statement” has the meaning given the term in section 451(b)(3).
Citations to §451(b)(5)
-
(A) If the financial results of a taxpayer are reported on the applicable financial statement for a group of entities, rules similar to the rules of section 451(b)(5) shall apply.
Citations to §451(d)
-
(ii) any payment referred to in the second sentence of section 451(d)1 which is treated as insurance proceeds,