SECTION 4. UNIFORM

CAPITALIZATION (§ 263A) . . . . . . 34

.01 Certain uniform capitalization

(UNICAP) methods used by

1998–51 I.R.B. 27 December 21, 1998

and scope . . . . . . . . . . . . . . . 40 (2) Limitation on LIFO

election . . . . . . . . . . . . . . . . 41 (3) Effect of subchapter S

small resellers, formerly small resellers, and reseller- producers . . . . . . . . . . . . . . . . 34 (1) Description of change

and scope . . . . . . . . . . . . . . . 34 (2) Definitions . . . . . . . . . . . . . . 35 (3) Section 481(a) adjustment . . 35 (4) No audit protection . . . . . . . 35 (5) Example . . . . . . . . . . . . . . . . 35 .02 Reserved . . . . . . . . . . . . . . . . . 36

(2) Manner of making the

change . . . . . . . . . . . . . . . . . 38 .02 Reserved . . . . . . . . . . . . . . . . . 38

for employee compensation . . . 38 (1) Description of change

and scope . . . . . . . . . . . . . . . 38 (2) Amounts taken into

(1) Description of change