replacement period

(3) Replacement period The term “replacement period” means the shorter of— (A) the period of the 3 taxable years following the liquidation year, or (B) the period specified by the Secretary in a notice published in the Federal Register with respect to that qualified inventory interruption. Any period specified by the Secretary under subparagraph (B) may be modified by the Secretary in a subsequent notice published in the Federal Register.

Source

26 USC § 473(d)(3)


Scoping language

For purposes of this section
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