Federal · Title 26 — Internal Revenue Code
26 U.S.C. § 463: Repealed. Pub. L. 100–203, title X, § 10201(a) , Dec. 22, 1987 , 101 Stat. 1330–387 ]
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such change shall be treated as initiated by the taxpayer, such change shall be treated as having been made with the consent of the Secretary, and shall be reduced by the balance in the suspense account under section 463(c) of such Code as of the close of such last taxable year, and shall be taken into account over the 4-taxable year period beginning with the taxable year following such last taxable year as follows: “In the case of the: The percentage taken into account is: 1st year 25 2nd year 5 3rd year 35 4th year 35.
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