# ASC 740-932-S25: Income Taxes — Extractive Activities—Oil and Gas — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/932/#sec-25-recognition)

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## ASC 740-932-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/740/932/#sec-25-recognition)

SEC content: yes

##### [740-932-S25-1](https://asc.understandingaccounting.org/asc/740/932/#740-932-S25-1)

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See paragraph [932-10-S99-1](https://asc.understandingaccounting.org/asc/932/10/#932-10-S99-1), Regulation S-X Rule 4-10(d), for requirements pertaining to the interperiod tax allocation for intangible drilling and development costs that enter into the determination of taxable income and pretax accounting income in different periods.