### Question
What is the definition of applicable period?


### Answer
The definition of **applicable period** is as follows in *26 U.S.C. § 7874*:

> the period—



(A) beginning on the first date properties are acquired as part of the acquisition described in subsection (a)(2)(B)(i), and



(B) ending on the date which is 10 years after the last date properties are acquired as part of such acquisition

#### Citation:
  - *26 U.S.C. § 7874*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 80-GENERAL RULES > Subchapter C-Provisions Affecting More Than One Subtitle**

