Code of Maine Rules
18 - DEPARTMENT OF ADMINISTRATIVE AND FINANCIAL SERVICES
125 - BUREAU OF REVENUE SERVICES
Chapter 401 - SERVICE PROVIDER TAX - RETURN AND PAYMENT OF TAX
Section 125-401-3 - BASIS OF ACCOUNTING
Universal Citation: 18 ME Code Rules ยง 125-401-3
Current through 2024-38, September 18, 2024
Generally, service providers are required to file tax returns on an accrual basis. However, a service provider that properly files its federal income tax returns on a cash basis may elect to file its service provider tax returns on a cash basis.
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