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Administrative Simplification of Section 481(a) Adjustment Periods in Various Regulations

tax-irs · IRS · Rule · Published 2004-06-16 · Effective 2004-06-16 · 69 FR 33571

Document

Document number
04-13585
Federal Register citation
69 FR 33571
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2004-06-16
Effective date
2004-06-16
Treasury docket
TD 9131

Abstract

This document contains amendments to regulations under sections 263A and 448 of the Internal Revenue Code. The amendments apply to taxpayers changing a method of accounting under the regulations and are necessary to conform the rules governing those changes to the rules provided in general guidance issued by the IRS for changing a method of accounting. Specifically, the amendments will allow taxpayers changing their method of accounting under the regulations to take any adjustment under section 481(a) resulting from the change into account over the same number of taxable years that is provided in the general guidance.

Source

Authoritative
Federal Register document
Machine
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