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Introduction

SECTION 1. PURPOSE

Internal Revenue Bulletin 2011-37 · 2026-10-03 edition · updated 2026-10-04 · United States

This revenue procedure provides a safe harbor method of accounting that taxpayers may use to determine whether expenditures to maintain, replace, or improve electric transmission and distribution property must be capitalized under § 263(a) of the Internal Revenue Code. This revenue procedure also provides procedures for obtaining automatic consent to change to the safe harbor method of accounting.

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▸Contents — Internal Revenue Bulletin 2011-37
Internal Revenue Bulletin 2011-37

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