SECTION 4. APPLICATION

.01 In General . A change in the treatment of liabilities for services or insurance to comply with Rev. Rul. 2007–3 is a change in method of accounting within the meaning of §§ 446 and 481 and the regulations issued thereunder. Accordingly, a taxpayer within the scope of this revenue procedure that wants to change its treatment of liabilities for services or insurance to comply with Rev. Rul. 2007–3 must obtain the consent of the Commissioner under § 446(e) and § 1.446–1(e)(3).

.02 Automatic Change . A taxpayer within the scope of this revenue procedure that wants to change its method of accounting for liabilities for services or insurance must obtain the consent of the Commissioner by following the automatic consent procedures in Rev. Proc. 2002–9 (or its successor). For purposes of section 6.02(4)(a) of Rev. Proc. 2002–9, the taxpayer must include on line 1a of the Form 3115 the designated automatic accounting method change number 106.