Treasury Regulations · 26 CFR
§ 1.467-8. Automatic consent to change to constant rental accrual for certain rental agreements.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 467
Cite as 26 CFR § 1.467-8
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- May 18, 1999 by T.D. 8820
- Issued under
- 26 U.S.C. § 467
- Length
- 266 words · about 1 min to read
- Cross-references
- cites 3 Code sections and 2 regulations; cited by 2
¶(a) General rule. For the first taxable year ending after May 18, 1999, a taxpayer may change to the constant rental accrual method, as described in § 1.467-3, for all of its section 467 rental agreements described in paragraph (b) of this section. A change to the constant rental accrual method is a change in method of accounting to which the provisions of sections 446 and 481 and the regulations thereunder apply. A taxpayer changing its method of accounting in accordance with this section must follow the automatic change in accounting method provisions of Rev. Proc. 98-60 (see § 601.601(d)(2) of this chapter) except, for purposes of this paragraph (a), the scope limitations in section 4.02 of Rev. Proc. 98-60 are not applicable. Taxpayers changing their method of accounting in accordance with this section must do so for all of their section 467 rental agreements described in paragraph (b) of this section.
¶(b) Agreements to which automatic consent applies. A section 467 rental agreement is described in this paragraph (b) if—
¶(3) The section 467 rental agreement does not include a specific allocation of fixed rent within the meaning of § 1.467-1(c)(2)(ii)(A)(2); and
[T.D. 8820, 64 FR 26875, May 18, 1999]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 467 Certain payments for the use of property or services
- § 446 General rule for methods of accounting
- § 142 Exempt facility bond
Regulations it cites
- § 1.467-3 Disqualified leasebacks and long-term agreements.
- § 1.467-1 Treatment of lessors and lessees generally.
Cited by 2 other regulations
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 8820 (64 FR 26875)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Taxable year for which deductions taken
Nearby sections
- § 1.467-3 Disqualified leasebacks and long-term agreements.
- § 1.467-4 Section 467 loan.
- § 1.467-5 Section 467 rental agreements with variable interest.
- § 1.467-7 Section 467 recapture and other rules relating to dispositions and modifications.
- § 1.467-8 Automatic consent to change to constant rental accrual for certain rental agreements.
- § 1.467-9 Effective/applicability dates and automatic method changes for certain agreements.
- § 1.468A-0 Nuclear decommissioning costs; table of contents.
- § 1.468A-1 Nuclear decommissioning costs; general rules.
- § 1.468A-2 Treatment of electing taxpayer.