This revenue procedure corrects or clarifies several items in Rev. Proc. 2015–13, 2015–13 I.R.B. 419, regarding certain procedures for changing a method of accounting. Specifically, this revenue procedure (1) modifies the transition rules under section 15.02(1)(a)(ii) of Rev. Proc. 2015–13 to provide additional time to file Forms 3115 under Rev. Proc. 2011–14, 2011–4 I.R.B. 330; (2) clarifies when the automatic change procedures do not apply if the taxpayer engages, within the requested year of change, in a transaction to which § 381(a) applies; (3) clarifies the meaning of “three-month window” under section 8.02(1)(a)(ii) of Rev. Proc. 2015–13 for a taxpayer with a 52–53 week taxable year; and (4) discusses a clarification to the applicable Ogden, UT, address provided in section 9.05 of Rev. Proc. 2015–1, 2015–1 I.R.B. 1.

This notice requests comments regarding the effect on taxpayers’ methods of accounting of new financial accounting revenue recognition standards announced by the Financial Accounting Standards Board and the International Accounting Standards Board. Comments should be submitted by September 16, 2015.

This notice provides guidance under sections 1(h) and 852 of the Code to regulated investment companies and their shareholders on the computation and treatment of capital gain dividends.

This revenue procedure establishes a permanent program providing administrative relief to the plan administrators and plan sponsors of certain retirement plans for failing to timely comply with the annual reporting requirements of sections 6047(e), 6058, and 6059. This permanent program replaces the pilot program established by Revenue Procedure 2014–32, 2012–23 I.R.B. 1073.

Correction of Announcement 2015–14, Revocation of IRC 501(c)(3) Organizations for failure to meet the code section requirements.