Internal Revenue Bulletin: 2004-24 |
June 14, 2004 |
Table of Contents
Rev. Proc. 2004-36 Rev. Proc. 2004-36
This procedure provides a safe harbor method of accounting that allows film producers to amortize certain creative property costs ratably over a period of 15 years beginning in the year the creative property costs are written off for book purposes under AICPA Statement of Position (SOP) 00-2, “Accounting for Producers or Distributors of Film.” Rev. Proc. 2002-9 modified and amplified.
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