With respect to the accrual basis taxpayer, all the events that fix the right to receive income occur when (1) the required performance occurs, (2) payment therefor is due, or, (3) payment therefor is made, whichever happens earliest. In applying this... Alternative Mortgage Instruments Research Study - Էջ 44United States. Federal Home Loan Bank Board - 1977Ամբողջությամբ դիտվող - Այս գրքի մասին
| United States. Internal Revenue Service - 1974 - 624 էջ
...the right to receive such income and the amount thereof can be determined with reasonable accuracy. All the events that fix the right to receive income...occurs when the lender allows the borrower to use his money. When he has done this for one day, one day's performance has occurred and one day's interest... | |
| United States. Internal Revenue Service - 1979 - 644 էջ
...provides that all the events that fix the right to receive income under an accrual method of accounting occur when ( 1 ) the required performance occurs,...or (3) payment therefor is made, whichever happens first. Thus, if at the time amounts are paid to the fund by TX any of the above three events have occurred... | |
| Gary W. Carter - 2006 - 288 էջ
...IRS, knowing when you have income as an accrual method taxpayer is fairly simple. It says generally, all the events that fix the right to receive income...or (3) payment therefor is made, whichever happens first.33 The IRS position, in general, is that prepaid income is recognized when received by accrual... | |
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