H.R. 2347 — To amend the Internal Revenue Code of 1986 to provide that the look-back method shall not apply to construction contracts required to use the percentage of completion method. | PoliFocus
H.R. 2347106th Congress
To amend the Internal Revenue Code of 1986 to provide that the look-back method shall not apply to construction contracts required to use the percentage of completion method.
Amends the Internal Revenue Code to prescribe that the look-back method shall not apply to any construction contract and to any other contract required to use the percentage of completion method.
Full Text
Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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