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Introduction

SECTION 11. BANK RESERVES FOR

Internal Revenue Bulletin 2002-3 · 2026-10-03 edition · updated 2026-10-04 · United States

BAD DEBTS (§ 585)

.01 Change in functional currency .

(1) Description of change and scope . This change applies to a taxpayer that wants to change its functional currency or the functional currency of a qualified business unit (QBU) of the taxpayer.

(2) Manner of making change . A taxpayer making this change must make all necessary adjustments required by such change. See §§ 1.985–5, 1.985–8(c).

.02 Reserved .

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▸Contents — Internal Revenue Bulletin 2002-3
Internal Revenue Bulletin 2002-3

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