Finance & markets · 23/12/1994Updated: 10/18/2026 · 1 min read
Election Out of Subchapter K for Producers of Natural Gas
Summary
The IRS has released final regulations that outline requirements for co-producers of natural gas to make or maintain an election under section 761 of the Internal Revenue Code, which affects how they report income from gas sales and claim related deductions and credits.
Original source language: Federal Register — Department of the TreasuryOpen original release →