The Tenth Circuit reverses and remands to the District Court. The percentage of completion method of accounting cannot be used to record income from a warranty.
Koch Industries v. United States, Docket 08-3347 (10th Cir. Apr. 27, 2010)
Decisions and Developments in Federal and State Taxation
The Tenth Circuit reverses and remands to the District Court. The percentage of completion method of accounting cannot be used to record income from a warranty.
Koch Industries v. United States, Docket 08-3347 (10th Cir. Apr. 27, 2010)