### Question
How does the law define economic performance?


### Answer
Under *26 U.S.C. § 461*, **economic performance** is defined as:

> given such term by subsection (h).

#### Citation:
  - *26 U.S.C. § 461*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart C-Taxable Year for Which Deductions Taken**

