SECTION 5. DRAFTING
Internal Revenue Bulletin 2012-49 · 2026-10-03 edition · updated 2026-10-04 · United States
INFORMATION
The principal author of this revenue procedure is David Remus of the Office of Associate Chief Counsel (Financial Institutions & Products). For further information regarding this revenue
procedure, contact Mr. Remus on (202) 622–3970 (not a toll-free call).
2012–49 I.R.B. 656 December 3, 2012
2012 94.8601 2013 94.3170 2014 94.7640 2015 94.1089 2016 94.6321 2017 94.3280 2018 90.0593 2019 88.2417 2020 91.0508 2021 92.3107
Taxpayers that do not use the composite method of Notice 88–100 should use the following factors to discount salvage recoverable as of the end of the tax year shown with respect to losses incurred in this line of business in the 2012 accident year.
2022 93.5910 2023 94.8890 2024 96.1977 2025 97.4916 2026 and later 98.5856 years
Taxpayers that use the composite method of Notice 88–100 should use 93.5910 percent to discount salvage recoverable as of the end of the 2022 taxable year with respect to losses incurred in this line of business in 2012 and prior years.
Composite
factors must be used to compute discounted estimated salvage recoverable under § 832 of the Internal Revenue Code.
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