Goto Section: 32.7210 | 32.7230 | Table of Contents

FCC 32.7220
Revised as of October 2, 2015
Goto Year:2014 | 2016
  § 32.7220   Operating Federal income taxes.

   (a) This account shall be charged and Account 4070, Income Taxes-Accrued,
   shall be credited for the amount of Federal Income Taxes for the current
   period. This account shall also reflect subsequent adjustments to amounts
   previously charged.

   (b) Taxes should be accrued each month on an estimated basis and adjustments
   made as later data becomes available.

   (c) Tax credits, other than investment tax credits, if normalized, shall be
   recorded consistent with the accounting for investment tax credits and shall
   be amortized to income as directed by this Commission.

   (d) No entries shall be made to this account to reflect interperiod tax
   allocations.

   return arrow Back to Top


Goto Section: 32.7210 | 32.7230

Goto Year: 2014 | 2016
CiteFind - See documents on FCC website that cite this rule

Want to support this service?
Thanks!

Report errors in this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please help us improve these rules by clicking the Report FCC Rule Errors link to report an error.
hallikainen.com
Helping make public information public