Post-completion-year costs.

(v) Post-completion-year costs. If a taxpayer incurs an allocable contract cost after the completion year, the taxpayer must account for that cost using a permissible method of accounting. See 1.460-6(c)(1)(ii) for application of the look-back method as a result of adjustments to allocable contract costs.


26 CFR § 1.460-4

Scoping language

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