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Path: utzoo!watmath!clyde!floyd!harpo!seismo!uwvax!heurikon!jeff
From: jeff@heurikon.UUCP
Newsgroups: net.taxes,net.jokes
Subject: More IRS diarrhea
Message-ID: <238@heurikon.UUCP>
Date: Sat, 18-Feb-84 20:27:39 EST
Article-I.D.: heurikon.238
Posted: Sat Feb 18 20:27:39 1984
Date-Received: Sun, 19-Feb-84 08:16:53 EST
Organization: Heurikon Corp., Madison WI
Lines: 20

This is from an IRS explanation of IRS Section 3302. (Date
unknown.)  Take a deap breath; this is all one sentence.

    "The provisions of the preceding sentence shall
    not be applicable with respect to the taxable year
    beginning January 1, 1975, or any suceeding taxable
    year which begins before January 1, 1978; and, for
    purposes of such sentence, January 1, 1978, shall
    be deemed to be the first January 1 occurring after
    January 1, 1974, and consecutive taxable years in the
    period commencing January 1, 1978, shall be determined
    as if the taxable year which begins on January 1, 1978,
    were the taxable year immediately succeeding the taxable
    year which began on January 1, 1974."

Sigh...
-- 
/"""\	Jeffrey Mattox, Heurikon Corp, Madison, WI
|O.O|	{harpo, hao, philabs}!seismo!uwvax!heurikon!jeff  (news & mail)
\_=_/				     ihnp4!heurikon!jeff  (mail - fast)