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Introduction

SECTION 3. SCOPE

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

This revenue procedure applies to a taxpayer that—

(1) has a depreciable interest in electric transmission or distribution property (as described in section 4 of this revenue procedure) used primarily to transport, deliver, or sell electricity; and

(2) applies the transmission and distribution property safe harbor method of accounting provided in this revenue procedure to all of its electric transmission and distribution property as defined in this revenue procedure. The determination of whether a taxpayer is within the scope of this revenue procedure is made by each member of a consolidated group, by a partnership, or by an S corporation.

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

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