SECTION 6. AREAS COVERED

BY AUTOMATIC APPROVAL PROCEDURES IN WHICH RULINGS WILL NOT ORDINARILY BE ISSUED

.01 Section 338.—Certain Stock Purchases Treated as Asset Acquisitions.—All requests for an extension of time under § 301.9100–3 within which to make an election under § 338(g) or (h)(10) where the Service has provided an administrative procedure to seek an extension. See Rev. Proc. 2003–33, 2003–1 C.B. 803 (12-month extension automatically granted to any person required to file Form 8023 to make a valid section 338 election that has not filed Form 8023 by its due date).

.02 Section 442.—Change of Annual Accounting Period.—All requests for change in annual accounting period where the Service has provided an administrative procedure for obtaining a change in annual accounting period. See Rev. Proc. 2002–39, 2002–1 C.B. 1046 (general procedures for prior approval); as modified by Rev. Proc. 2003–34, 2003–1 C.B. 856; and Rev. Proc. 2003–79, 2003–45 I.R.B. 1036; Rev. Proc. 2002–37, 2002–1 C.B. 1030 (certain corporations); as modified by Rev. Proc. 2003–34; Rev. Proc. 2002–38, 2002–1 C.B. 1037 (partnership, S corporation, or personal service corporation seeking a natural business year or an ownership taxable year); as modified by Rev. Proc. 2003–79; Rev. Proc. 68–41, 1968–2 C.B. 943 (trusts held by certain fiduciaries needing a workload spread); and Rev. Proc. 2003–62, 2003–32 I.R.B. 299 (individual seeking a calendar year). .03 Section 446.—General Rule for Methods of Accounting.—Except as otherwise provided in the listed revenue procedures, all requests for change in method of accounting where the Service has provided an administrative procedure for obtaining a change in method of ac

Sec. 4.02(9) January 5, 2004 122 2004-1 I.R.B.

Proc. 2003–48, 2003–29 I.R.B. 86, is superseded.