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Ratable |
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Ratable Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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108(i) to have cancellation of debt (COD) income from reacquiring an applicable debt instrument, after 2008 and before 2011, included in gross income ratably over five tax years beginning with 2014 (see California CPA, August 2009, Page 16). Electing debtors recognize deferred COD ratably over the five-tax-year period beginning in 2014. Because the licenses will include undelivered technology, however, they will require revenue to be recognized ratably over the license period. |
ratably |
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