United States Tax Court July 17, 2000, 3110-98 (Tutor-Saliba Corporation, A California Corporation v. Commissioner)

115 T.C. No. 1

UNITED STATES TAX COURT

TUTOR-SALIBA CORPORATION, A CALIFORNIA CORPORATION, Petitioner v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket No. 3110-98. Filed July 17, 2000.

Under the Tax Reform Act of 1986, Pub. L. 99-514,

100 Stat. 2085, Congress changed the reporting method

for long-term contracts from the completed contract

method to the percentage of completion method.