other · IRS · Rule · Published 2002-05-17 · Effective 2002-05-17 · 67 FR 35009
Document
Document number
02-12169
Federal Register citation
67 FR 35009
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations and removal of temporary regulations.
Category
other
Sub-agency
IRS
Publication date
2002-05-17
Effective date
2002-05-17
Treasury docket
TD 8996
Abstract
This document contains final regulations relating to certain adoptions, changes, and retentions of annual accounting periods. The final regulations are necessary to update, clarify, and reorganize the rules and procedures for adopting, changing, and retaining a taxpayer's annual accounting period. The final regulations primarily affect taxpayers that want to adopt an annual accounting period under section 441 or that must receive approval from the Commissioner to adopt, change, or retain their annual accounting periods under section 442.