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Important developments during the year: Tax accounting
American Bar Association Section of Taxation Committee on Tax Accounting, Important Developments During the Year: Tax Accounting, 58 Tax Law. 1217 (2005) (Thomas J. Purcell III, Important Developments ed.).
The article briefly reports on various newly introduced regulatory laws and legislation related to tax accounting in the U.S. A new section 199, titled "Deduction Relating to Income Attributable to Domestic Production ...