United States Code · Section
§ 859 — Adoption Of Annual Accounting Period
26 U.S.C. § 859
View:
(a) For purposes of this subtitle—
(1) a real estate investment trust shall not change to any accounting period other than the calendar year, and
(2) a corporation, trust, or association may not elect to be a real estate investment trust for any taxable year beginning after October 4, 1976, unless its accounting period is the calendar year.
(b) Notwithstanding section 442, an entity which has not engaged in any active trade or business may change its accounting period to a calendar year without the approval of the Secretary if such change is in connection with an election under section 856(c).
Implementing Regulations
-
§ 1.856-6 Foreclosure property.26 C.F.R. § 1.856-6
-
§ 1.857-1 Taxation of real estate investment trusts.26 C.F.R. § 1.857-1
-
§ 1.856-8 Revocation or termination of election.26 C.F.R. § 1.856-8
-
§ 1.857-6 Method of taxation of shareholders of real estate investment trusts.26 C.F.R. § 1.857-6
-
§ 1.856-2 Limitations.26 C.F.R. § 1.856-2
-
§ 1.857-2 Real estate investment trust taxable income and net capital gain.26 C.F.R. § 1.857-2
-
§ 1.857-10 Information returns.26 C.F.R. § 1.857-10
-
§ 1.857-3 Net income from foreclosure property.26 C.F.R. § 1.857-3
-
§ 1.857-7 Earnings and profits of a real estate investment trust.26 C.F.R. § 1.857-7
-
§ 1.856-3 Definitions.26 C.F.R. § 1.856-3
-
§ 1.856-5 Interest.26 C.F.R. § 1.856-5
-
§ 1.857-9 Information required in returns of shareholders.26 C.F.R. § 1.857-9
-
§ 1.856-0 Revenue Act of 1978 amendments not included.26 C.F.R. § 1.856-0
-
§ 1.856-1 Definition of real estate investment trust.26 C.F.R. § 1.856-1
-
§ 1.857-8 Records to be kept by a real estate investment trust.26 C.F.R. § 1.857-8
-
§ 1.856-4 Rents from real property.26 C.F.R. § 1.856-4
-
§ 1.857-5 Net income and loss from prohibited transactions.26 C.F.R. § 1.857-5