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Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 451.—General Rule for Taxable Year of Inclusion

Internal Revenue Bulletin 2006-20 · 2026-10-03 edition · updated 2026-10-04 · United States

A notice describes an election allowing taxpayers that realize qualified gain from a qualifying electric transmission transaction (QETT) to recognize all or part of the gain ratably over an 8-year period beginning with the year that includes the date of the QETT. See Notice 2006-47, page 892.

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▸Contents — Internal Revenue Bulletin 2006-20
Internal Revenue Bulletin 2006-20

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