Common use of Change in method Clause in Contracts

Change in method. (a) In general. (1) Any change in the method of computing the depreciation allowances with respect to a particular account (other than a change in meth- od permitted or required by reason of the operation of former section 167(j)(2) and § 1.167(j)–3(c)) is a change in method of accounting, and such a change will be permitted only with the consent of the Commissioner, except that certain changes to the straight line method of depreciation will be permitted without consent as provided in former section 167(e)(1), (2), and (3). Except as provided in paragraphs (c) and (d) of this sec- tion, a change in method of computing depreciation will be permitted only with respect to all the assets contained in a particular account as defined in § 1.167(a)–7. Any change in the percent- age of the current straight line rate under the declining balance method, for example, from 200 percent of the straight line rate to any other percent of the straight line rate, or any change in the interest factor used in connec- tion with a compound interest or sink- ing fund method, will constitute a change in method of depreciation. Any request for a change in method of de- preciation shall be made in accordance with section 446(e) and the regulations under section 446(e). For rules covering the use of depreciation methods by ac- xxxxxxx corporations in the case of cer- tain corporate acquisitions, see section 381(c)(6) and the regulations under sec- tion 381(c)(6).

Change in method. (a) In general. (1) Any change in the method of computing the depreciation allowances with respect to a particular account (other than a change in meth- od permitted or required by reason of the operation of former section 167(j)(2) and § 1.167(j)–3(c)) is a change in method of accounting, and such a change will be permitted only with the consent of the Commissioner, except that certain changes to the straight line method of depreciation will be permitted without consent as provided in former section 167(e)(1), (2), and (3). Except as provided 26 CFR Ch. I (4–1–18 Edition) in paragraphs (c) and (d) of this sec- tion, a change in method of computing depreciation will be permitted only with respect to all the assets contained in a particular account as defined in § 1.167(a)–7. Any change in the percent- age of the current straight line rate under the declining balance method, for example, from 200 percent of the straight line rate to any other percent of the straight line rate, or any change in the interest factor used in connec- tion with a compound interest or sink- ing fund method, will constitute a change in method of depreciation. Any request for a change in method of de- preciation shall be made in accordance with section 446(e) and the regulations under section 446(e). For rules covering the use of depreciation methods by ac- xxxxxxx corporations in the case of cer- tain corporate acquisitions, see section 381(c)(6) and the regulations under sec- tion 381(c)(6).

Change in method. (a) In general. (1) Any change in the method of computing the depreciation allowances with respect to a particular account (other than a change in meth- od permitted or required by reason of the operation of former section 167(j)(2) and § 1.167(j)–3(c)) is a change in method of accounting, and such a change will be permitted only with the consent of the Commissioner, except that certain changes to the straight line method of depreciation will be permitted without consent as provided in former section 167(e)(1), (2), and (3). Except as provided 26 CFR Ch. I (4–1–08 Edition) in paragraphs (c) and (d) of this sec- tion, a change in method of computing depreciation will be permitted only with respect to all the assets contained in a particular account as defined in § 1.167(a)–7. Any change in the percent- age of the current straight line rate under the declining balance method, for example, from 200 percent of the straight line rate to any other percent of the straight line rate, or any change in the interest factor used in connec- tion with a compound interest or sink- ing fund method, will constitute a change in method of depreciation. Any request for a change in method of de- preciation shall be made in accordance with section 446(e) and the regulations under section 446(e). For rules covering the use of depreciation methods by ac- xxxxxxx corporations in the case of cer- tain corporate acquisitions, see section 381(c)(6) and the regulations under sec- tion 381(c)(6).

Change in method. (a) In general. (1) Any change in the method of computing the depreciation allowances with respect to a particular account (other than a change in meth- od permitted or required by reason of the operation of former section 167(j)(2) and § 1.167(j)–3(c)) is a change in method of accounting, and such a change will be permitted only with the consent of the Commissioner, except that certain changes to the straight line method of depreciation will be permitted without consent as provided in former section 167(e)(1), (2), and (3). Except as provided 26 CFR Ch. I (4–1–12 Edition) in paragraphs (c) and (d) of this sec- tion, a change in method of computing depreciation will be permitted only with respect to all the assets contained in a particular account as defined in § 1.167(a)–7. Any change in the percent- age of the current straight line rate under the declining balance method, for example, from 200 percent of the straight line rate to any other percent of the straight line rate, or any change in the interest factor used in connec- tion with a compound interest or sink- ing fund method, will constitute a change in method of depreciation. Any request for a change in method of de- preciation shall be made in accordance with section 446(e) and the regulations under section 446(e). For rules covering the use of depreciation methods by ac- xxxxxxx corporations in the case of cer- tain corporate acquisitions, see section 381(c)(6) and the regulations under sec- tion 381(c)(6).