SECTION 5. APPLICATION OF
Internal Revenue Bulletin 2022-18 · 2026-10-03 edition · updated 2026-10-04 · United States
THE § 181 REGULATIONS TO QUALIFIED LIVE THEATRICAL PRODUCTIONS FOR 2018 AND 2019
A taxpayer within the scope of this revenue procedure may treat the § 181 regulations (as described in section 2.02(3) of this revenue procedure) as if such regulations were amended to apply to the production costs of qualified live theatrical productions for purposes of making the late § 181 election under section 4.02 of this revenue procedure for the taxpayer’s 2018 taxable year or 2019 taxable year.
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