contract year
Defined in 3 places across 2 titles of the United States Code.
In this subsection, the term “contract year” means any one-year period for which a multi-year contract described in subsection (d) is in effect.
Source
- 1994–present38 U.S.C. § 8126Veterans Benefits · Limitation on prices of drugs procured by Department and certain other Federal agencies · in this section
The term “contract year” means any taxable year for which income is taken into account under the contract.
Source
- 1997–present26 U.S.C. § 460Internal Revenue Code · Special rules for long-term contracts · in this section
The term “contract year” means the 12-month period beginning with the 1st month for which the contract is in effect, and each 12-month period beginning with the corresponding month in subsequent calendar years.
Source
- 1994–present26 U.S.C. § 7702AInternal Revenue Code · Modified endowment contract defined · in this section