1. Regulations
  2. title 26
  3. chapter I-i3
  4. part 1
  5. subjgrp 5
  6. § 1.263c-1

View all text of Subjgrp 5 [§ 1.261-1 - § 1.280H-1T]

§ 1.263(c)-1 - Intangible drilling and development costs in the case of oil and gas wells.

For rules relating to the option to deduct as expenses intangible drilling and development costs in the case of oil and gas wells, see § 1.612-4.

AUTHORITY: 26 U.S.C. 7805, unless otherwise noted.

SOURCE: T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 31, 1960, T.D. 9381, 73 FR 8604, Feb. 15, 2008, unless otherwise noted.

CITE AS: 26 CFR 1.263