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company members authorized to sign and that person’s name

of the applicant on the fourth line if a member of the

and title below the signature.

consolidated group other than, or in addition to, the parent

corporation is requesting the accounting method change.

Corporations, personal service corporations, S

corporations, cooperatives, and insurance companies.

If Form 3115 is filed on behalf of a CFC or 10/50 corporation,

Enter the name of the filer on the first line of Form 3115. In the

and the foreign corporation does not have an EIN, it does not

signature section of Form 3115, enter the signature of the

have to obtain one. Instead, enter “N/A” next to the CFC’s or

officer authorized to sign and the officer’s name and title below

10/50 corporation’s name on the fourth line.

the signature.

Principal Business Activity Code

Consolidated group of corporations. Enter the name of the

parent corporation on the first line of Form 3115. Also enter the

If the filer is a business, enter the six-digit principal business

name(s) of the applicant(s) on the fourth line of Form 3115 if a

activity (PBA) code of the filer. The principal business activity of

member of the consolidated group other than, or in addition to,

the filer is the one generating the largest percentage of its total

the parent corporation is requesting an accounting method

receipts. The PBA code is based on the North American

change. Only an officer authorized to sign for the parent

Industry Classification System (NAICS) codes. See the

corporation may sign Form 3115.

instructions for the income tax return of the filer for the filer’s

PBA code and definition of “total receipts.”

Controlled foreign corporations (CFCs). For a CFC with a

U.S. trade or business, use the same rules as other

Note: An applicant requesting to change its accounting method

corporations. For a CFC that does not have a U.S. trade or

under designated automatic accounting method change

business, enter the name(s) of the controlling U.S.

numbers 33 and/or 51 in the List of Automatic Accounting

shareholder(s) of the CFC on the first line of Form 3115 and the

Method Changes beginning on page 9 must attach a schedule

name of the CFC on the fourth line. All of the controlling U.S.

to the Form 3115 listing the detailed NAICS code associated

shareholders must sign Form 3115.

with the applicant’s principal business activity. See Rev. Proc.

2002-28, 2002-18 I.R.B. 815, for further guidance.

However, if any controlling U.S. shareholder is a member of

a consolidated group, enter the name of the shareholder’s

Address

parent corporation rather than the shareholder’s name on the

first line of Form 3115. A person authorized to sign for the

Include the suite, room, or other unit number after the street

shareholder’s parent corporation must sign Form 3115.

address. If the Post Office does not deliver mail to the street

10/50 corporations. For a 10/50 corporation with a U.S. trade

address and the filer has a P.O. box, show the box number

or business, use the same rules as other corporations. For a

instead of the street address.

10/50 corporation that does not have a U.S. trade or business,

Contact Person

enter the name(s) of the majority domestic corporate

shareholder(s) on the first line of Form 3115 and the name of

The contact person must be an individual authorized to sign

the 10/50 corporation on the fourth line. A person authorized to

Form 3115, or the filer’s authorized representative. If this

sign for each of the majority domestic corporate shareholders

person is someone other than an individual authorized to sign

must sign Form 3115.

Form 3115, you must attach Form 2848, Power of Attorney and

However, if any majority domestic corporate shareholder is a

Declaration of Representative.

member of a consolidated group, enter the name of the

An individual authorized to represent the filer before the IRS,

shareholder’s parent corporation rather than the shareholder’s

to receive a copy of the requested letter ruling, or to perform

name on the first line of Form 3115. A person authorized to sign

any other act(s), must properly reflect the authorization on Form

for the shareholder’s parent corporation must sign Form 3115.

2848. For further details for an authorized representative and a

Estates or trusts. Enter the name of the estate or trust on the

power of attorney, see section 9.03(8) and (9) of Rev. Proc.

first line of Form 3115. In the signature section of Form 3115,

2006-1.

enter the signature of the fiduciary, personal representative,

Note: A filer that wants to receive correspondence regarding its

executor, administrator, etc., having legal authority to sign and

Form 3115 (for example, additional information letters or the

that person’s name and official title below the signature.

letter ruling) by fax must attach to the Form 3115 a statement

Exempt organizations. Enter the name of the organization on

requesting this service. The attachment must also list the

the first line of Form 3115. In the signature section of Form

authorized name(s) and fax number(s) of the person(s) who are

3115 enter the signature of a principal officer or other person

to receive the fax. The person(s) must be authorized to sign

authorized to sign and that person’s name and official title

Form 3115 or an authorized representative of the filer that is

below the signature.

included on Form 2848. For further details on the fax

Preparer (other than filer/applicant). If the individual

procedures, see section 9.04(3) of Rev. Proc. 2006-1.

preparing the Form 3115 is not the filer or applicant, the

Type of Accounting Method Change

preparer also must sign. However, in the case of an automatic

change request, the Form 3115 attached to the income tax

Requested

return does not need to be signed.

Check the appropriate box described below indicating the type

Identification Number

of change being requested.

•

Depreciation or amortization. Check this box for a change

Enter the filer’s taxpayer identification number on the first line of

in the (a) computation of depreciation or amortization (for

Form 3115.

example, the depreciation method or recovery period), (b)

Individuals enter their social security number (SSN) (or

treatment of salvage proceeds or costs of removal, (c) method

individual taxpayer identification number (ITIN) for a resident or

of accounting for retirements of depreciable property, or (d)

nonresident alien). If the Form 3115 is for a husband and wife

treatment of depreciable property from a single asset account to

who file a joint return, enter the identification numbers of both.

a multiple asset account (pooling), or vice versa.

•

For all others, enter the employer identification number

Financial products and/or financial activities of financial

(EIN).

institutions. Check this box for a change in the treatment of a

For a consolidated group of corporations enter the EIN of the

financial product (for example, accounting for debt instruments,

parent corporation on the first line of Form 3115. Enter the EIN

derivatives, mark-to-market accounting, etc.), or in the financial

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Instructions For Form 3115 - Application For Change In Accounting Method - Internal Revenue Service - 2006 Page 3

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