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TREAS/IRS RIN: 1545-BM30 Publication ID: Spring 2019 
Title: 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.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 26 CFR 1.471-3   
Legal Authority: 26 U.S.C. 7805   
Legal Deadline:  None
Action Date FR Cite
NPRM  03/00/2020 
Additional Information: REG-121118-14 Drafter attorney: Andrew S. Braden (202) 317-7007 Reviewer attorney: Roy A Hirschhorn (202) 317-7007 Treasury attorney: N/A CC:ITA
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Andrew S. Braden
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-7007
Fax:855 576-2340