Part III – Administrative, Procedural, and›Rev. Proc. 2020-48
SECTION 2. SCOPE
Internal Revenue Bulletin 2020-49 · 2026-10-03 edition · updated 2026-10-04 · United States
This revenue procedure applies to any insurance company that is required to discount unpaid losses under § 846 for a line of business using the discount factors published by the Secretary, and also applies to any insurance company that is required to discount estimated salvage recoverable under § 832.
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