US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 30
                                  INCOME TAX
    63-3016.  PAID OR INCURRED AND PAID OR ACCRUED. The terms "paid or
incurred" and "paid or accrued" shall be defined as set forth in the Internal
Revenue Code and shall be construed according to the method of accounting upon
the basis of which the taxable income is computed.