[Code of Federal Regulations]
[Title 47, Volume 2]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR36.161]

[Page 477]
 
                       TITLE 47--TELECOMMUNICATION
 
                    CHAPTER I--FEDERAL COMMUNICATIONS
                         COMMISSION (CONTINUED)
 
PART 36--JURISDICTIONAL SEPARATIONS PROCEDURES; STANDARD PROCEDURES FOR 
SEPARATING TELECOMMUNICATIONS PROPERTY COSTS, REVENUES, EXPENSES, TAXES 
AND RESERVES FOR TELECOMMUNICATIONS COMPANIES \1\--Table of Contents
 
                 Subpart B--Telecommunications Property
 
Sec. 36.161  Tangible assets--Account 2680.

    (a) Tangible Assets, Account 2680 includes the costs of property 
acquired under capital leases and the original cost of leasehold 
improvements.
    (b) The costs of capital leases are apportioned among the operations 
based on similar plant owned or by analysis.
    (c) The cost of leasehold improvements are apportioned among the 
operations in direct proportion to the costs of the related primary 
account.