1545-BI68 202304 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Combining Dollar-Value Last-In, First Out Inventory Pools

Regulations under section 472 regarding dollar-value last-in first-out (LIFO) inventories, including rules for combining pools as a result of change in the method of accounting, certain corporate acquisitions, and certain nonrecognition transactions.  Treasury is considering whether it can achieve relevant statutory objectives at a lower cost than may be current practice.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No 26 CFR 1 26 U.S.C. 381(c)(5)-1 26 U.S.C. 472-1 26 U.S.C. 472-8 26 U.S.C. 7805 26 U.S.C. 472-7 No NPRM 12/00/2023 REG-117683-09 (NPRM) LIFO LAYERS Drafter attorney: Andrew S. Braden (202) 317-7007 Reviewer attorney: Christina Morrison (202) 317-4430 Treasury attorney: Timothy Powell (202) 923-8059 CC:ITA No No None No No No No Andrew Braden S. Attorney 1545 Internal Revenue Service IRS 202 317-7007 855 576-2340 andrew.s.braden@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224 Christina Morrison A. Senior Technician Reviewer 1545 Internal Revenue Service IRS 202 317-4430 855 576-2340 christina.a.morrison@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 4131, Washington DC 20224