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Introduction

SECTION 5. CONCLUSION

Internal Revenue Bulletin 2003-29 · 2026-10-03 edition · updated 2026-10-04 · United States

Valuing inventory is an inherently factual determination. No rigid formulas should be applied. Consequently, the three valuation methods outlined above serve only as guidelines for determining the fair market value of inventories. Similarly, the example serves only as a guideline for applying the methods.

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▸Contents — Internal Revenue Bulletin 2003-29
Internal Revenue Bulletin 2003-29

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