Treasury Regulations · 26 CFR
§ 7.465-3. Allocation of loss for different taxable years.
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. § 465
Cite as 26 CFR § 7.465-3
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- August 22, 1977 by T.D. 7504
- Issued under
- 26 U.S.C. § 465
- Length
- 130 words · about 1 min to read
- Cross-references
- cites 0 Code sections and 1 regulation; cited by 0
If the taxable year of the entity conducting the activity differs from that of the taxpayer, the loss attributable to the activity for the first taxable year of the entity ending after the beginning of the first taxable year of the taxpayer beginning after December 31, 1975, shall be allocated in the following manner. That portion of the loss from the activity for such taxable year of the entity which bears the same ratio as the number of days in such taxable year before January 1, 1976, divided by the total number of days in the taxable year, shall be attributable to taxable years of the taxpayer beginning before January 1, 1976. Consequently, that portion shall be treated in accordance with § 7.465-2.
[T.D. 7504, 42 FR 42198, Aug. 22, 1977]
Cross-references
Computed from the citations in the text of 26 CFR.
Regulations it cites
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. 7504 (42 FR 42198)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 7 Temporary income tax regulations under the tax reform act of 1976
Nearby sections
- § 7.48-3 Election to apply the amendments made by sections 804 (a) and (b) of the Tax Reform Act of 1976 to property described in section 50(a) of the Code.
- § 7.57(d)-1 Election with respect to straight line recovery of intangibles.
- § 7.465-1 Amounts at risk with respect to activities begun prior to effective date; in general.
- § 7.465-2 Determination of amount at risk.
- § 7.465-3 Allocation of loss for different taxable years.
- § 7.465-4 Insufficient records.
- § 7.465-5 Examples.
- § 7.936-1 Qualified possession source investment income.
- § 7.999-1 Computation of the international boycott factor.