Procedure for Changing a Method of Accounting Under Section 263A
other · IRS · Rule · Published 1997-08-05 · Effective 1997-08-05 · 62 FR 42051
Document
Document number
97-20530
Federal Register citation
62 FR 42051
CFR reference
26 CFR 1
Type
Rule
Action
Final and temporary regulations.
Category
other
Sub-agency
IRS
Publication date
1997-08-05
Effective date
1997-08-05
Treasury docket
TD 8728
Abstract
This document contains final regulations relating to the requirements for changing a method of accounting for costs subject to section 263A. The regulations provide guidance regarding changes in method of accounting for costs incurred in producing property and acquiring property for resale. The regulations affect taxpayers changing their method of accounting for costs subject to section 263A.