26 CFR 1.263(c)-1

§ 1.263(c)-1 Intangible drilling and development costs in the case of oil and gas wells.

United States · 26 CFR — Internal Revenue · Status: effective

Cite this

Citation: 26 CFR 1.263(c)-1, § 1.263(c)-1 Intangible drilling and development costs in the case of oil and gas wells, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109461
Permanent ID: ys:prov:109461@1
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Full text

For rules relating to the option to deduct as expenses intangible drilling and development costs in the case of oil and gas wells, see § 1.612-4.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.