26 C.F.R. § 1.167(a)-5T. - § 1.167(a)-5t Application of Section 1060 to Section 167 (temporary).

Current as of January 1, 1970

Section 1.167(a)-5T - § 1.167(a)-5t Application of Section 1060 to Section 167 (temporary).Section 1.167(a)-5T - § 1.167(a)-5t Application of Section 1060 to Section 167 (temporary).

Section 1.167(a)-5 - § 1.167(a)-5 Apportionment of Basis.Section 1.167(a)-6 - § 1.167(a)-6 Depreciation in Special Cases.

§ 1.167(a)-5T Application of section 1060 to section 167 (temporary).

In the case of an acquisition of a combination of depreciable and nondepreciable property for a lump sum in an applicable asset acquisition to which section 1060 applies, the basis for depreciation of the depreciable property cannot exceed the amount of consideration allocated to that property under section 1060 and § 1.1060-1T.

[T.D. 8215, 53 FR 27043, July 18, 1988]

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