39 CFR 3060.1 – Scope
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The rules in this part are applicable to the Postal Service’s theoretical competitive products enterprise developed pursuant to 39 U.S.C. § 2011 and 3634 and to the Postal Service’s obligation to calculate annually an assumed Federal income tax on competitive products income and transfer annually any such assumed Federal income tax due from the Competitive Products Fund to the Postal Service Fund.
Terms Used In 39 CFR 3060.1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.