# Election Not to Apply Look-Back Method in De Minimis Cases
> **IRS** · Final and temporary regulations. · Published 1998-07-02 · Effective 1998-07-02 · 63 FR 36180
## Document
- **Document number:** 98-17697
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 63 FR 36180
- **CFR reference:** 26 CFR 1
- **Publication date:** 1998-07-02
- **Effective date:** 1998-07-02
- **Treasury docket:** TD 8775
## Abstract

This document contains regulations explaining how a taxpayer elects under section 460(b)(6) not to apply the look-back method to long-term contracts in de minimis cases. The regulations reflect changes to the law made by the Taxpayer Relief Act of 1997 and affect manufacturers and construction contractors whose long-term contracts otherwise are subject to the look-back method.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/07/02/98-17697/election-not-to-apply-look-back-method-in-de-minimis-cases)
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