JCT definition
Examples of JCT in a sentence
When the JCT has completed its review and sent clearance notification to the IRS, any closing agreements will be executed by the IRS.
If the JCT takes no exception to the report and the proposed closing agreements, the appropriate operating division official may sign the closing agreements.
When calling off projects, clients can use any one of a range of standard forms of building contract including JCT/ SBCC, NEC3/NEC4, ACE, PPC, TPC, FAC1, or their own in-house agreement.
For a return in which a Partial Acceptance Letter was issued, once all the remaining issues have been fully resolved, the Joint Committee report will be forwarded to the JCT.
If a Full Acceptance Letter was issued and the post-filing review confirms that the return was filed consistent with the pre-filing resolutions, and there were no additional issues discovered on the return as filed, the AC will prepare the documents necessary for a Joint Committee Specialist to perform a review, prepare the Joint Committee report and submit such report to the JCT.