SECTION 7. EFFECT ON OTHER

DOCUMENTS

Rev. Proc. 2002–9 is modified to include the changes in method of accounting provided in this notice in section 5.06 of the Appendix.

REQUEST FOR COMMENTS

The Service and the Treasury Department invite comments on the safe harbor NAE methods described in this notice, suggestions for additional safe harbor NAE methods, the use of a “self-test” for alternative NAE methods, as well as any other issues that should be addressed in the forthcoming regulations. Written comments may be submitted on or before April 23, 2003, to:

Internal Revenue Service P.O. Box 7604 Benjamin Franklin Station Washington, DC 20224 Attn: CC:ITA:RU (Notice 2002–12), Room 5226

Submissions also may be sent electronically via the Internet to the following e-mail address: notice.comments@m1.irscounsel. treas.gov. Comments will be available for public inspection and copying.

DRAFTING INFORMATION

The principal author of this notice is Terrance McWhorter of the Office of Associate Chief Counsel (Income Tax and Accounting). For further information regarding this notice, contact Mr. McWhorter at 202–622–4970 (not a toll-free call).

26 CFR 601.201: Rulings and determination letters. (Also Part 1, section 846; 1.846–1.)

Rev. Proc. 2003–17