[Code of Federal Regulations]
[Title 26, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.43-7]

[Page 196]
 
                       TITLE 26--INTERNAL REVENUE
 
     CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY
 
PART 1--INCOME TAXES--Table of Contents
 
Sec. 1.43-7  Effective date of regulations.

    The provisions of Secs. 1.43-1, 1.43-2 and 1.43-4 through 1.43-7 are 
effective with respect to costs paid or incurred after December 31, 
1991, in connection with a qualified enhanced oil recovery project. The 
provisions of Sec. 1.43-3 are effective for taxable years beginning 
after December 31, 1990. For costs paid or incurred after December 31, 
1990, and before January 1, 1992, in connection with a qualified 
enhanced oil recovery project, taxpayers must take reasonable return 
positions taking into consideration the statute and its legislative 
history.

[T.D. 8448, 57 FR 54931, Nov. 23, 1992]

[[Page 197]]