FAIR AVERAGING
fair averaging.The process of assessing taxes by using the average of the amount and price of
goods acquired over a 12-month period rather than the amount and price at a particular time of the
year.[Blacks Law 8th]
fair averaging.The process of assessing taxes by using the average of the amount and price of
goods acquired over a 12-month period rather than the amount and price at a particular time of the
year.[Blacks Law 8th]