Calendar Year


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Calendar Year

The 12-month period between 1 January and 31 December. In the United States and many other places, the tax year, or the period of time during which annual taxes are calculated, is identical to the calendar year. An unusual number of trades often occur toward the end of the calendar year as investors seek to achieve the lowest, legal, tax liability. A company's fiscal year, or the period of time for which it creates its annual budget, may run for a different 12-month period.

Calendar Year

A year that begins January 1 and ends December 31.
References in periodicals archive ?
Due mainly to increased production in North America and Asia, overseas production experienced a year-on-year increase for the tenth consecutive year since calendar year 1997.
In calendar year 2005, Nissan sales in Spain rose to 70,796 units up by 1.
1 in high-end UNIX(3) server revenue worldwide for the calendar year, showing significant market share gain of 5 percentage points year-over-year;
A plan may be amended to allow (for the first time only) accelerated payments to a participant, provided the payment is less than $10,000; accompanies the termination of the participant's entire interest in the plan; and is made on or before the later of December 31 of the calendar year the plan participant separates from service or 2 1/2 months after the actual separation date.
The March/April 2001 issue of California CPA, Page 32, summarized the 2001 proposed regulations that provide simplified rules for required minimum distributions from qualified retirement plans and IRAs: "The regs are proposed to be applicable for determining RMDs for calendar years beginning after 2001.
For the last three calendar years, Toxic has paid $13 million, $7 million, and $10 million in A&E losses.
Briefly summarized, a rental agreement has deferred rent if the cumulative amount of rent allocated as of the close of a calendar year exceeds the cumulative amount of rent payable as of the close of the succeeding calendar year.
Part 203 is amended as follows, and the amendments apply to data collected for calendar year 1998, to be reported by March 1, 1999.
This form must be served on a tenant by May 1 of that calendar year.
On November 20, 2006, NewMarket China released an 8K stating its intention to change its fiscal year from a year end of September 30 to a calendar year end of December 31.
today announced a summary of automobile production, Japanese domestic sales, and export results for the first half of the calendar year (January - June 2014) and the month of June 2014.
500,000 of Ohio taxable gross receipts during a calendar year.