StacksVerified U.S. regulatory reference

27 CFR §46.263

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The alternate method or procedure may be approved if it meets all of the following conditions:
  1. (a)There is good cause for its use;
  2. (b)It is consistent with the purpose and effect intended by the prescribed method or procedure;
  3. (c)It affords equivalent security to the revenue;
  4. (d)It is not contrary to any provision of law;
  5. (e)It will not result in an increase in cost to the Government;
  6. (f)It will not hinder the effective administration of this subpart such as delaying timely payment of taxes; and
  7. (g)It is not a method or procedure that relates to the payment or collection of tax.