§10203
4 cases·4 cited
Statute Text — 26 U.S.C. §10203
Statute text not available for this section.
4 Citing Cases
od, allowing only 60% ofrevenue to be deferred under this method. Tax Reform Act of 1986, Pub. L. No. 99-514, sec. 804(a), 100 Stat. at 2358. In 1987 this percentage was reduced to 30%. Omnibus Budget Reconciliation Act of 1987, Pub. L. No. 100-203, sec. 10203, 101 Stat. at 1330-394. In 1988 Congress further scaled back the amount ofincome that could be deferred under the completed contract method. TAMRA sec. 5041. By 1989 long-term contracts had to be reported under the percentage ofcompletion
od, allowing only 60% ofrevenue to be deferred under this method. Tax Reform Act of 1986, Pub. L. No. 99-514, sec. 804(a), 100 Stat. at 2358. In 1987 this percentage was reduced to 30%. Omnibus Budget Reconciliation Act of 1987, Pub. L. No. 100-203, sec. 10203, 101 Stat. at 1330-394. In 1988 Congress further scaled back the amount ofincome that could be deferred under the completed contract method. TAMRA sec. 5041. By 1989 long-term contracts had to be reported under the percentage ofcompletion
od, allowing only 60% ofrevenue to be deferred under this method. Tax Reform Act of 1986, Pub. L. No. 99-514, sec. 804(a), 100 Stat. at 2358. In 1987 this percentage was reduced to 30%. Omnibus Budget Reconciliation Act of 1987, Pub. L. No. 100-203, sec. 10203, 101 Stat. at 1330-394. In 1988 Congress further scaled back the amount ofincome that could be deferred under the completed contract method. TAMRA sec. 5041. By 1989 long-term contracts had to be reported under the percentage ofcompletion