SECTION 4. SCOPE

.01 Applicability

(1) In general (2) Certain 52–53–week taxable years (3) Natural business year (4) Section 898 election .02 Inapplicability

(1) Where to file (2) When to file (3) Label (4) Signature requirements (5) No user fee (6) Additional information (7) Consolidated application

payer’s annual accounting period, if it is a calendar or fiscal year, or, if applicable, the taxpayer’s required taxable year.

(2) Annual accounting period . Section 441(c) and § 1.441–1(b)(3) provide that the term “annual accounting period” means the annual period (calendar year or fiscal year) on the basis of which the taxpayer regularly computes its income in keeping its books.

(3) Required taxable year . Section 1.441–1(b)(2) provides that certain taxpayers must use the particular taxable year that is required under the Code and the regulations thereunder. See § 1.441– 1(b)(2) for examples of taxpayers, including certain corporations, with required taxable years.

(1) Prior change (2) Interest in a pass-through entity (3) Shareholder of certain FSCs or

IC-DISCs (4) FSC or an IC-DISC (5) S corporation (6) Electing S corporation (7) PSC (8) CFC or FPHC (9) Tax-exempt organization (10) Possessions corporation (11) Cooperative association (12) Corporation with a required