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Unformatted text preview: case, to account for its income on a Fscal-period basis and is considered to have allocated its computed income to the partners on the last day of its Fscal year * A partnership of corporations can choose any Fscal period. However, if any partner is an individual, the taxation year must be the calendar year...
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This note was uploaded on 02/05/2012 for the course ACC 522 taught by Professor A.vena during the Spring '11 term at Ryerson.
- Spring '11