@M36 Thanks for responding. That’s the way I’ve always played it, but paragraph 3 of step 7. Conclude Combat in the General Combat rules section reads as follows: “If you have captured the territory, place your control marker on the territory and adjust the national production levels. Your national production increases by the value of the captured territory; the loser’s production decreases by the same amount.” This is out of the Europe and pacific 1940 rule book. It reads like you would make the adjustment at the conclusion of combat. I could be reading too much into it, but it would make a big difference in game play.
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RE: when do you collect IPC when conquering a territory