Fiscal Year
About Fiscal Year:
Fiscal Tax Year: 1. A regular fiscal tax year is a 12-month period that ends on the last day of any month except December. Former IRC (check if this IRC provision is current here) §441(f).
2. A 52/53-week fiscal tax year varies from 52 to 53 weeks and ends on a particular day of the week (e.g., the last Friday in September).
See Fiscal Year and Fiscal Year.
U.S. and other Developed Countries International Tax Meaning
Any 12-month period which is set for accounting purpose of an enterprise.
Description and Definition of Fiscal Year
A 12-month period ending on the last day of any month other than December.
Leave a Reply