contract commencement date
Defined in 1 place of the United States Code.
For purposes of this section, the term “contract commencement date” means, with respect to any contract, the first date on which any costs (other than bidding expenses or expenses incurred in connection with negotiating the contract) allocable to such contract are incurred.
Source
- 1994–present26 U.S.C. § 460Internal Revenue Code · Special rules for long-term contracts · for purposes of this section