Federal Tax

Uniform Capitalization Rules: Method Change Rules and Special Topics (Portfolio 577)

  • This Portfolio analyzes the accounting method changes regarding uniform capitalization rules and the application of the rules in the international context and in various industries.

Description

Bloomberg Tax Portfolio, Uniform Capitalization Rules: Method Change Rules and Special Topics, analyzes accounting method changes involving the uniform capitalization (“UNICAP”) rules and the application of the UNICAP rules in various specific industries, such as farming, publication, and natural resources and in the international context.

Specifically, this Portfolio discusses the capitalization and inclusion in inventory costs of certain expenses as required under §263A.

In addition, the Worksheets include certain relevant information, such as method change documents and checklists and a Bibliography is provided to aid in researching a particular matter.

Table of Contents

I. UCR Accounting Method Change Rules
II. Provisions Affecting Specific Industries; International Operations

Stephanie_Jones
Stephanie Jones
Global Tax Director
GE Healthcare
stockdale_thomas_2015
Thomas Stockdale
Director, WNTS
Grant Thornton, LLP
turgeon-christine-2015
Christine Turgeon
Partner, Wnts
PricewaterhouseCoopers LLP
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