calendar year accounting period

Definition of "calendar year accounting period"
  1. A 12-month period ending on December 31 used for tax computation
How to use "calendar year accounting period" in a sentence
  1. Businesses often prefer a calendar year accounting period for simplicity.
  2. She had to file her tax returns based on a calendar year accounting period.
  3. Organizations may find it advantageous to follow the calendar year accounting period.
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