 | United States. Department of the Treasury - 1978 - 338 pages
...income and the amount thereof can be determined with reasonable accuracy; deductions are permitted for the taxable year in which all the events have occurred which establish the fact of liability and the amount thereof can be determined with reasonable accuracy.... | |
 | United States. Congress. House. Committee on Ways and Means - 1978 - 444 pages
...income and the amount thereof can be determined with reasonable accuracy; deductions are permitted for the taxable year in which all the events have occurred which establish the fact of liability and the amount thereof can be determined with reasonable accuracy.... | |
 | United States. Congress. Joint Committee on Taxation - 1979 - 1570 pages
...the year they are paid, while accrual basis taxpayers deduct the expenses in the year in which all events have occurred which determine the fact of the liability and the amount of the liability can be estimated with reasonable accuracy. However, the Code provides special rules... | |
 | United States. Congress. House. Committee on Ways and Means - 1980 - 46 pages
...Gorman and Rousselot Accrual of Tax Deductions After Change in Liability Date Present law Under the accrual method of accounting, an expense is deductible for the taxable year in which all the events nave occurred which determine the fact o'f the liability and the amount of the deduction can be determined... | |
 | United States. Congress. Joint Committee on Taxation - 1980 - 36 pages
...the year they are paid, while accrual basis taxpayers deduct the expenses in the year in which all events have occurred which determine the fact of the liability and the amount of the liability can be estimated with reasonable accuracy. However, the Code provides special rules... | |
 | United States. Congress. Joint Committee on Taxation - 1980 - 28 pages
...Professionals Present law Under present law, deductions by an accrual-basis taxpaper are allowable for the taxable year in which all the events have occurred which establish the fact of the liability giving rise to such deduction and the amount thereof can be determined... | |
 | 1981 - 36 pages
...HR 2860— Mr. Stark Accrual of Tax Deductions After Change in Liability Date Present Law Under the accrual method of accounting, an expense is deductible...determine the fact of the liability and the amount of the deduction can be determined with reasonable accuracy. However, present law also provides that,... | |
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Under an accrual method of accounting, an expense is deductible for the taxable year in which att the events have occurred which determine the fact of the liability and the amount thereof can be determined with reasonable accuracy. 
