Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
Section 446.—General Rule for Methods of Accounting
Internal Revenue Bulletin 2006-4 · 2026-10-03 edition · updated 2026-10-04 · United States
26 CFR 1.446–1: General rule for methods of ac- counting.
May heavy equipment dealers approximate the cost of their heavy equipment parts inventory using a replacement cost method? Is so, can heavy equipment dealers obtain the automatic consent of the Commissioner to change to the replacement cost method of accounting? See Rev. Proc. 2006-14, page 350.
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