(corporation not eligible to report income from highway construction project under percentage of completion method of I.R.C. Sec. 460; agreements not long-term construction contracts).
CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.