# ASC 323-740-S25: Investments—Equity Method and Joint Ventures — Income Taxes—Proportional Amortization Method — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/323/740/#sec-25-recognition)

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## ASC 323-740-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/323/740/#sec-25-recognition)

SEC content: yes

### Qualified Affordable Housing Project Investments

##### [323-740-S25-1](https://asc.understandingaccounting.org/asc/323/740/#323-740-S25-1)

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See paragraph [323-740-S99-2](https://asc.understandingaccounting.org/asc/323/740/#323-740-S99-2), SEC Observer Comment: Accounting for Tax Benefits Resulting from Investments in Affordable Housing Projects, for SEC Staff views on extending the application of the effective yield method policy election used in affordable housing project investment to analogous situations.