Proposed regulations would modify the retail inventory method

Retail & Consumer Products Quickbrief

On October 6, 2011, the IRS issued proposed regulations (REG-125949-10) that clarify the computation of ending inventory values under the retail inventory method and provide special rules for certain types of vendor allowances. The proposed regulations restructure and restate the regulations under Reg. Sec. 1.471-8 in plain language.



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