INCOME TAX
Internal Revenue Bulletin 1996-15 · 2026-10-03 edition · updated 2026-10-04 · United States
Rev. Rul. 96–22, page 9. LIFO; price indexes; department stores. The February 1996 Bureau of Labor Statistics price indexes are accepted for use by department stores employing the retail inventory and last-in, first-out inventory methods for valuing inventories for tax years ended on, or with reference to, February 29, 1996.
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