SECTION 8. EFFECT ON OTHER

DOCUMENTS

Rev. Proc. 99–49 is modified and amplified to include this automatic change in section 10 of the APPENDIX.

The APPENDIX of Rev. Proc. 99–49 is modified to provide that the automatic accounting method change provided in section 10.02, which relates to a change in the method of determining the cost of used vehicles purchased or taken as a trade-in, does not apply to taxpayers that have adopted or changed to the Used Vehicle Alternative LIFO Method.