
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC442]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                        Subtitle A--Income Taxes
 
                  CHAPTER 1--NORMAL TAXES AND SURTAXES
 
       Subchapter E--Accounting Periods and Methods of Accounting
 
                       PART I--ACCOUNTING PERIODS
 
Sec. 442. Change of annual accounting period

    If a taxpayer changes his annual accounting period, the new 
accounting period shall become the taxpayer's taxable year only if the 
change is approved by the Secretary. For purposes of this subtitle, if a 
taxpayer to whom section 441(g) applies adopts an annual accounting 
period (as defined in section 441(c)) other than a calendar year, the 
taxpayer shall be treated as having changed his annual accounting 
period.

(Aug. 16, 1954, ch. 736, 68A Stat. 149; Pub. L. 94-455, title XIX, 
Sec. 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)


                               Amendments

    1976--Pub. L. 94-455 struck out ``or his delegate'' after 
``Secretary''.

                  Section Referred to in Other Sections

    This section is referred to in sections 859, 1398, 6110 of this 
title.
