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Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 481.—Adjustments Required by Changes in Method of Accounting

Internal Revenue Bulletin 2006-4 · 2026-10-03 edition · updated 2026-10-04 · United States

26 CFR 1.481–1: Adjustments in general.

Can heavy equipment dealers obtain the automatic consent of the Commissioner to change to a replacement cost method to approximate the cost of their heavy equipment parts inventory? If so, is the change made with a § 481(a) adjustment? See Rev. Proc. 2006-14, page 350.

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▸Contents — Internal Revenue Bulletin 2006-4
Internal Revenue Bulletin 2006-4

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