Skip to content
ChatProjectCodes

bulletin Internal Revenue›Introduction

SECTION 1. PURPOSE

Internal Revenue Bulletin 2001-12 · 2026-10-03 edition · updated 2026-10-04 · United States

This revenue procedure modifies section 13.02 of the Appendix to Rev. Proc. 99–49, 1999–2 C.B. 725, 757, to allow any bank that uses the cash receipts and disbursements method of accounting

(cash method) to change automatically its method of accounting for stated interest on short-term loans made in the ordinary course of business.

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — Internal Revenue Bulletin 2001-12
Internal Revenue Bulletin 2001-12

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.