1545-BM30 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Trade Discounts Received by Merchants

This NPRM contains proposed regulations that restate and clarify the rules for allocating trade discounts among purchases, ending inventory, and cost of goods sold because in recent years, much confusion and controversy have arisen regarding the proper treatment of various types of trade discounts that vendors pay to retail merchants.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No Other 26 CFR 1.471-3 26 U.S.C. 7805 No NPRM 06/00/2018 REG-121118-14 Drafter attorney: Andrew S. Braden (202) 317-7007 Reviewer attorney: Roy A Hirschhorn (202) 317-7007 Treasury attorney: Christopher Call (202) 622-6865 CC:ITA No None 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