# Intercompany Transactions: Conforming Amendments to Section 446
> **IRS** · Conforming Amendments to Section 446 · Published 2002-12-16 · Effective 2002-12-16 · 67 FR 76985
## Document
- **Document number:** 02-31614
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 67 FR 76985
- **CFR reference:** 26 CFR 1
- **Publication date:** 2002-12-16
- **Effective date:** 2002-12-16
- **Treasury docket:** TD 9025
## Abstract

On July 18, 1995, the Treasury Department and the IRS published final regulations governing the intercompany transaction system of the consolidated return regulations. Those regulations state that the timing rules of the intercompany transaction system are a method of accounting. At the time of the publication of those regulations, no amendment was made to the regulations promulgated under section 446 to coordinate with that statement. This document contains final regulations confirming that the timing rules of the intercompany transaction regulations are a method of accounting. These regulations apply to all taxpayers filing consolidated returns.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/12/16/02-31614/intercompany-transactions-conforming-amendments-to-section-446)
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