Tax Years of Partnerships and Corporations.

Explains provisions of the Tax Reform Act of 1986 requiring certain businesses to adopt the same tax year as their owners, and provisions of the Omnibus Budget Reconciliation Act of 1987 relaxing this requirement but imposing an additional tax on deferred income.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1988.
Series:	U.S. Congressional Research.
Subjects:	Accounting. Corporations. Income tax. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Explains provisions of the Tax Reform Act of 1986 requiring certain businesses to adopt the same tax year as their owners, and provisions of the Omnibus Budget Reconciliation Act of 1987 relaxing this requirement but imposing an additional tax on deferred income.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.