18 CFR 367.4212 - Account 421.2, Loss on disposition of property.

Regulations last checked for updates: May 02, 2025

Title 18 - Conservation of Power and Water Resources last revised: Apr 28, 2025

View all text of Subpart H [§ 367.4000 - § 367.4320]

§ 367.4212 - Account 421.2, Loss on disposition of property.

This account must be charged with the loss on the sale, conveyance, exchange or transfer of service or other property to another. The reduction in income taxes relating to losses recorded in this account must be recorded in account 409.2, Income taxes, other income and deductions (§ 367.4092).

authority: 15 U.S.C. 717

source: Order 684, 71 FR 65226, Nov. 7, 2006, unless otherwise noted.

cite as: 18 CFR 367.4212