IRS cracks down on dealer parts valuation

Harris, Donna
July 1999
Automotive News;7/12/1999, Vol. 73 Issue 5828, p8
Trade Publication
Reports on the United States Internal Revenue Service's (IRS) actions against automobile dealers' use of the last in, first out (LIFO) accounting method for their automobile parts inventories. US Tax Court's ruling on automobile dealers' use of the LIFO method.


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