# Guidance Regarding the Simplified Service Cost Method and the Simplified Production Method
> **IRS** · Final regulations and removal of temporary regulations. · Published 2007-03-29 · Effective 2007-03-29 · 72 FR 14675
## Document
- **Document number:** E7-5732
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 72 FR 14675
- **CFR reference:** 26 CFR 1
- **Publication date:** 2007-03-29
- **Effective date:** 2007-03-29
- **Treasury docket:** TD 9318
## Abstract

This document contains final regulations relating to the capitalization of costs under the simplified service cost method and the simplified production method provided by the Income Tax Regulations. For taxpayers that use the simplified service cost method or the simplified production method, the regulations clarify when self- constructed assets are produced on a routine and repetitive basis in the ordinary course of their businesses.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2007/03/29/E7-5732/guidance-regarding-the-simplified-service-cost-method-and-the-simplified-production-method)
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